Colombia to Enact 2027 Budget by Decree
Colombia will enact its 2027 budget by decree following a procedural error in Congress. The decision tests fiscal management amid widening financial pressures.
Colombia will enact a 634.9 trillion peso ($198.83 billion) budget for 2027 by decree after a procedural breakdown in Congress halted the legislative process. The move tests the administration's fiscal management as public spending pressures mount. Lawmakers failed to reconcile differing versions of the spending bill passed earlier in the week, invalidating the legislative approval.
