DECREE 444/2020: what is its importance and why has it been subject of discussion?
17 Apr 2020
Colombia
1 min read
COVID – 19 led the government to launch Decree 417 of 2020. By this Decree it was declared a State of Social, Economic and Ecological Emergency. Also, Government was empowered for 30 days to issue Legislative Decrees as much as necessary to resolve the declared emergency. One of these was the Decree 444 of 2020 (the "Decree") which created the Emergency Mitigation Fund – FOME (because of its acronym in Spanish). In the following there are some considerations on the Decree.
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