State Policy. In accordance with the needs identified in the participation exercises developed with the local communities and authorities, the PBCs must consider the public policies applicable to each of the investment lines defined in this Annex. A reference of public policy to overcome extreme poverty will be Law 1785 of 2016, which is intended to promote the structuring and implementation of projects aimed at social innovation, with participation of the public and private sectors, including civil society organizations, to supplement the State social services for the benefit of the population in extreme poverty conditions, and designing escalation routes at various levels to overcome it.
Appears in 2 contracts
Sources: Hydrocarbon Exploration and Production Contract, Hydrocarbon Exploration and Production Agreement