Within the Guild Council, there is no consensus to propose the sale of Ecopetrol



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This morning, Fasecolda's president, José Humberto Botero, announced that he will present the proposal

Isis Beleño – [email protected]

The sources of the Guild Council badured that It has not yet been fully accepted to present a proposal to the President of the Republic Elected, Iván Duque, on a possible sale of 80% of the shares that the Nation has in Ecopetrol

The alleged union proposal , said, according to media reports, that this has been done to eliminate the risk of relying on the rents of a high-profit product like oil.

However, according to the source, who did not want to be identified, it is only an individual proposal from one of the Guild Council partners that will barely be discussed between the members of the Council. "If he has a place and everyone is in agreement, you vote," he said. This is the process that is always followed within the union, where all proposals submitted by their badociates are received and discussed.

On the other hand, the president of Fasecolda announced that in the morning he will present the proposal. "I wanted it to come from the Council (Gremial) but since it was filtered (to the media) it will be mine and those who want to host it."

Now, the sale of Ecopetrol is not a new proposal, a few months ago The Colombian Stock Exchange, Juan Pablo Córdoba, said that a viable option to improve the The national government's budget deficit, which is largely generated by the pension gap, is selling an additional 10% of Ecopetrol.

Notwithstanding, this type of proposal has been widely criticized for the constant big profits that the oil company delivers for dividends. According to the accounts of the Ministry of Finance, the central government would have received about 2% of GDP per annum of the oil rent between 2011 and 2015, which equates to about 35.099 billion US dollars (101.5 billion dollars) and this year could come back to mean a lot for the efficiencies put in place by the state and rising product prices.

Finally, upon hearing the proposal, USO, the oil union's main union, said it would propose a general strike for the defense. "the most important badet left to Colombians".

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