Decree 1565 of 2015 related to the regulation of the Agricultural Development Fund in Colombia

Decree 1565 of 2015 updates the regulations of the Agricultural Development Fund in Colombia, initially established by Decree-Law 313 of 1960, to promote the development of the agricultural, fishing, aquaculture and rural development sectors. It defines the purpose, specific objectives, and establishes the beneficiaries of the fund, mainly small and medium producers, and the entities or organizations eligible to present projects. The decree specifies the guidelines for the co-financing of projects, non-co-financing expenses, the need for counterpart contributions from proponents, and the criteria for the presentation, evaluation, and approval of projects.