Colombia’s 2027 Budget Is Short COP 30 Trillion, and the Money Depends on a Tax Reform

Colombia's draft 2027 budget is short about COP 30.2 trillion, money that only exists if Congress passes a tax reform. The new president takes office on 7 August.

MANILA, Philippines – As the House of Representatives prepares to begin deliberations on the proposed 2027 national budget, Speaker Faustino “Bojie” G. Dy III on Friday said lawmakers will build on the reforms and transparency measures introduced last year to ensure that next year’s spending program is responsive, acco