Senate Approves $547 Billion National Budget for 2026 Amid Debt Concerns

The Senate approved a $547 billion national budget for 2026 on October 15, amidst growing concerns over the national debt and fiscal responsibility.

• The Senate approved the $547 billion national budget for 2026 after over seven hours of debate, reflecting ongoing fiscal challenges and the need for budgetary discipline.
• This budget is crucial for addressing Colombias financial stability, especially in light of the fluctuating value of the United States dollar impacting economic projections.
• The Congress will continue to debate specific articles and proposals within the budget, aiming to finalize allocations that align with national priorities and debt management strategies.