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South Korea unveils record $600B budget, 12.8% spending surge on AI push
South China Morning PostLO·KR·2 days ago
Colombia's 2027 budget proposal allocates $94.4 trillion to debt interest, surpassing $86.9 trillion for public investment, signaling increased fiscal strain. The government is financing the budget with more debt, raising concerns about fiscal sustainability. This development matters as it may pressure Colombian assets and the peso, and could constrain future fiscal policy.