Colombia Congress to Vote on 634.9T COP Budget, 59.2T Above Petro's Proposal

Colombia's government presented a 2027 budget of 634.9 trillion pesos, 59.2 trillion above President Petro's version, with a congressional vote scheduled for September 15. The increase signals fiscal expansion and potential political friction between the executive and legislature. Approval would set the fiscal framework for 2027, affecting public spending and debt trajectory.