Analysts reject Ecopetrol's proposed sale of shares



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Following the proposal of the president of Fasecolda, Jorge Humberto Botero to the new government of sell all the shares held by the state in Ecopetrol to invest resources in the infrastructure, academics and badysts have expressed disagreement with

For the economic badyst of firm Fénix Valor, Orlando Santiago Jácome sells Ecopetrol is not the best idea, " this policy of selling badets to pay off debts is not anything good because all this is over, it should also be understood that Ecopetrol has been contributing for several years between 5% and 10% of income of the State. "

From the point of view of the expert, it is better to have a society which frequently contributes to the income and does not leave it because of d & rsquo; A short term need.

"This is a very common behavior in countries like Colombia where it is believed that it is the best idea to pay off debts, besides the pretext of half-life. life of oil reserves is very obtuse, we are not in favor of selling this company, " added.

Finally, Jácome argued that the new government should focus on covering the financial deficit by tackling corruption, "There are figures that say that if corruption is rooted, that represents 50 billion pesos a year ".

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