Incoming MinHacienda Calculates an Expenditure Cut of 1% of GDP
5 Articles
5 Articles
The designated Minister of Finance, Miguel Gómez, insists that the government of Abelardo de la Espriella will have to cut spending. He calculates that the adjustment should be of at least 1% of GDP, about $20 billion. Gómez is part of the political house that also makes up his brother Enrique and his nephew Nicolás. His argument is part of the state of public finances. Although the government maintains that the fiscal deficit has fallen—it went…
Abelardo De la Espriella will assume the government with great fiscal challenges and higher debt costs, but at the same time, with improvements in poverty and unemployment, albeit with important nuances.
Abelardo de la Espriella's government analyzes new taxes for its tax reform.Agencia Period... Thu, 06/08/2026 - 19:50 The incoming government seeks to reduce spending by about $20 billion.
Miguel Gómez, Minister of Finance appointed (left), and Abelardo de la Espriella, President-elect (right). Images: Press government De la Espriella Miguel Gómez Martínez, new Minister of Finance of the government De la Espriella, announced some of his most complex calls for attention to the country's financial situation. According to Martínez, the situation is very critical and decisions must be made in the most immediate term, understanding tha…
Anif also proposed a road map to regain the sustainability of public finances
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