The De la Espriella administration presented a decree that overturns the Petro administration's measure to bring back savings held by private funds abroad.

The Colombian Ministry of Finance and Public Credit has introduced a draft decree aimed at repealing articles 2.6.12.1.27, 2.6.12.1.28, and 2.6.12.1.29 of Decree 2555 of 2010. This regulatory change seeks to overturn a previous measure established by the Petro administration that mandated the repatriation of savings held by private pension funds in foreign markets.

By removing these specific articles, the current administration effectively reverses the policy intended to bring offshore pension fund assets back into the country. The move represents a significant shift in the management of private pension fund investments and their international holdings.