PoliticsNotableEmergingDeveloping
5.7
Colombia's new government budget proposes 40% cut to subsidies for the poor
La Silla VacíaLO·CO·about 15 hours ago
Colombia's budget proposal under Abelardo reduces subsidies to the poor from $22 trillion to $13 trillion, a 40% cut, citing austerity and commitments left by Petro. This marks a significant policy shift, potentially affecting social stability and political dynamics.