Directorate of Finance and Public Investment, National Planning Department (DNP) of Colombia

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  • Gobierno
Colombia

The National Planning Department (DNP) through the Directorate of Finance and Public Investment is responsible for directing and coordinating the actions required for the programming, modification and follow-up of national public investment; the distribution of the General System of Royalties and the General System of Participations; the prioritization of investment projects susceptible of being financed with external financing; and the systems and methodologies in which information related to national investment expenditure is reported according to legal, regulatory, institutional provisions and related technical criteria.

 

The Directorate of Finance and Public Investments is responsible for providing the methodologies and platforms for the presentation of investment projects. Once the projects are registered in the Bank of Public Investment Projects, through the Sectoral Directorates, it analyzes the project profiles and issues the feasibility opinion, so that the public entities can manage the resources for the projects before the Ministry of Finance. During the execution stage, the Directorate of Finance and Public Investment manages the platforms through which public entities report the physical and financial progress of investment projects. Once the projects are concluded, the DNP can select investment projects for ex post evaluations.

 

At the beginning of the presidential administration, the Directorate of Investment and Public Finance participates in the process of developing the National Development Plan and the Multi-year Investment Plan. This process is led by the DPN and consists of the preparation of the National Development Plan and the Multi-year Public Investment Plan. This process is carried out within the framework of the provisions of the Organic Law of the Development Plan, and taking as a reference the Medium Term Fiscal Framework in charge of the Ministry of Finance. Annually and based on the projects prioritized and selected by the public entities, the Annual Operational Investment Plan is prepared and approved, which are included in the Annual Budget Law of the decentralized entities of the national order and the Royalties resources destined to departmental and local governments, which are submitted for approval to the National Economic and Social Planning Council (CONPES), of which the DNP is a member. Once the execution of the annual investment budget is completed, it is responsible for preparing the PND's Balance of Results, which contains a section dedicated to the evaluation of public investment projects; this report is published on its website and sent to CONPES for analysis.

 

Stages of the Investment Project Cycle in which it participates:
Formulation, Ex Ante Evaluation, Execution, Ex Post Evaluation.

 

Stages of the Public Investment Policy Cycle in which it participates:
Planning, Budgeting, Ex-Post Audit.

Sectorial topic
descriptionGoverning Body