US EditionGovernment Will Seek $26.3 Billion From the 2026 Budget with the New Tax
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The government of Gustavo Petro presented its first draft budget to Congress without the ties of the fiscal rule. This project seems made to the races, with spelling errors. Above all, it has radical changes regarding the promises made a month ago by the government in the Fiscal Framework of Medium Term, the navigation sheet of the public finances. It is presented, moreover, in the midst of a deep fiscal crisis that has worsened in this governme…
According to the bill submitted to the House of Representatives, the budget of 2026 is equivalent to 28.9% of the country’s gross domestic product. Finance Minister Germán Ávila presented to Congress the draft General Budget of the Nation for 2026, for a total of 556.9 billion pesos (about $135 billion dollars). Under the number 102 of July 29, 2025, @minhacienda Germán Ávila Plazas located in the secretariat of the @CamaraColombia the draft PGN…
The Minister of Finance, Germán Ávila, presented to the Congress of the Republic the draft of the General Budget of the Nation (PGN) for 2026, which amounts to $557 billion. The amount represents a slight reduction compared to 29.0% of the Gross Domestic Product (GDP) in 2025, being 28.9% of the GDP for next year. One ... The post-government lies before the Congress the General Budget of the Nation 2026 for $557 billion appeared first on ::Tolim…
The Ministry of Finance revealed that the amount will be $556.9 billion, of which $102.4 billion will have to be earmarked for debt service payments.
Of this amount, $26.3 billion corresponds to contingent resources tied to the approval of the financing law.
The Minister of Finance, Germán Ávila, based in Congress the draft budget law for 2026. Photo: Valora Analitik. Following the adjustment requested by President Gustavo Petro, the Ministry of Finance built a proposal for the General Budget of the Nation of $556.9 billion for 2026 (28.9% of GDP), which he based today in the Secretariat of the House of Representatives. Recommended: Petro will not sign budget of 2026 presented by its Minister of Fin…
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