The government’s commitment to structural reforms seemed to carry over into the post-election period, with the Macroeconomic Stabilization Program which includes economic policies and anticorruption efforts underway. On 16 August the government announced the launch of a new petroleum and gas agency which is set to handle oil concessions starting from 2019. The agency is set to roll out tax breaks for the development of oil and gas fields and issue new legislation for gas rights which should fuel investment activity in the oil and gas sector and boost production
