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Colombia Issues Its COP 634.9 Trillion 2027 Budget by Decree
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On 21 October, Reuters reported that Colombia would enact its 2027 budget by decree after a procedural error prevented the congressional process from being completed correctly. The spending plan totals COP 634.9 trillion, approximately US$198.8 billion at the...
On 21 October, Reuters reported that Colombia would enact its 2027 budget by decree after a procedural error prevented the congressional process from being completed correctly. The spending plan totals COP 634.9 trillion, approximately US$198.8 billion at the exchange rate cited by Reuters, and projects a fiscal deficit of 9.4% of GDP.
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