Colombia's unprecedented budget decree
This is a news story, published by The Bogotá Post, that relates primarily to Gustavo Petro news.
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President Gustavo PetroThe Bogotá Post
•President Gustavo Petro to force through 2025 Colombian national budget by decree: Finance Minister
74% Informative
President Gustavo Petro plans to force through the 2025 national budget by decree.
The move is unprecedented in modern Colombian history and may produce economic volatility.
The government's plans come after they reached an impasse with lawmakers from other parties who demanded cuts to the planned COP$523 trillion ( USD$126 billion ) budget.
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