President Gustavo Petro is about to sign the decree by which he resumes regulating functions of the country’s public services, specifically those of the Energy and Gas Regulation Commission and the Drinking Water and Basic Sanitation Regulation Commission.
The Presidency of the Republic published the draft decree to receive comments from the public and there it received more than 55 observations from different companies and unions in the public service sector, which issued harsh warnings about the risks of Petro resuming the functions of the CREG and the CRA.
The Government only accepted one in which the decree is requested to have an established period of time to resume those functions. The Presidency accepted “Taking into consideration that it is about being able to exercise functions aimed at establishing the ‘general policy’ in relation to regulatory powers, an activity that the Presidency of the Republic can reasonably carry out, within an initial period of three months, the proposal is accepted and This will be indicated in the decree that is issued definitively.”
However, he did not accept any other of the more than 50 warnings. For example, the National Association of Public Services and Communications Companies (Andesco) indicated regulatory functions that do not come from the presidential delegation, but directly from a law of the Republic, for which reason it could not be assumed through a decree.
With information from: Blu Radio