Toll prices will rise in Colombia, announced Mintransporte William Camargo – Personal Finance – Economy

Toll prices will rise in Colombia, announced Mintransporte William Camargo – Personal Finance – Economy

The prices of the travel in colombia will rise in the coming months. so announced Guillermo CamargoMinister of Transportation, who stated that studies have already been carried out to unfreeze these rates.

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Camargo explained that the freezing of rates announced by the Government A few months ago, the objective was to achieve an impact in the basket of Colombians.

“It has to be restored because in practice it is consuming resources from the national budget that can be used for other types of state needs,” the minister announced.

In dialogue with Caracol Radio, the official said that the analyzes to raise the price of tolls are being worked on with the Treasury portfolio. “We have to restore that value to conditions that reflect the increase,” he added.

Minister Camargo said that there is still no date for the increase, after the rate would be frozen for about 7 months, but it is a fact that it will rise in a matter of weeks.

One of the decisions of the Government of gustavo petro In his first months in office, it was the freezing of toll rates for vehicles that transit through Invían and ANI cargo roads.

The newspaper Portafolio, from this publishing house, had already announced that the Minister of Finance, Ricardo Bonilla, was studying this option of unfreezing toll prices. The Government modified $500,000 million in the budget improvement to pay concessions that cannot increase their rate, as dictated by the contracts, on January 15, 2023 (34 of 39 projects according to ANI).

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However, this money would not be enough to settle the government’s debts with the road concessions, since it is estimated that the readjustment could be between $800,000 million according to the accounts of the Colombian Chamber of Infrastructure (CCI), which would leave $300,000 million in the air , about which there is still no certainty as to how they would be financed.

Precisely, in this sense, Minister Camargo explained that this money from the national budget can be invested in other needs.

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By Mitchell G. Patton

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