Constitución en Inglés

268 constituteproject.org Colombia 2021 Lasting Peace, including projects dedicated to reparation of victims. This special allocation for peace also will receive 70 percent of the income generated by financial yields of the General System of Royalties during these years, with the exception of yields generated by the direct allocation that are treated in the second clause of the present article. The balance of 30 percent will be earmarked for promoting production in municipalities in whose territories nonrenewable resources are exploited and municipalities and districts with maritime and fluvial ports through which these resources or their derivates are transported. The resources referred to in Clauses 1 and 2 of this paragraph will be distributed giving priority to the territorial entities that are most affected by rural poverty, illegal economies, institutional weakness, and armed conflict, and to the municipalities in whose territory projects to exploit natural resources are being advanced. These resources will be directed to closing social, economic, and institutional gaps in these territorial entities. Upon being financed with the resources specified in inClauses 1 and 2 of this paragraph, the investment projects will be defined by a Collegial Organ of Administration and Decision, in which the National Government will be represented by the Minister of the Treasury and Public Credit of his delegate, one (1) representative of the national planning organism, and one (1) representative of the President of the Republic; the departmental government will be represented by two (2) governors, and municipal government will be represented by two (2) mayors. This Collegial Organ of Administration and Decision will be attended by two senators and two members of the House of Representatives,