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Live News REGULATION ARTICLE M impact

Colombian Congress Approves Budget, Cuts Peace Deal Funding

Lawmakers approved spending distributions for next year's 634.9 trillion pesos ($201.14 billion) budget, trimming spending linked to a 10-year-old peace agreement and boosting debt-service payments.

Colombian lawmakers approved spending distributions for next year's 634.9 trillion pesos ($201.14 billion) budget early on Tuesday, trimming spending linked to a 10-year-old peace agreement and boosting debt service payments.The budget, which projects a 2027 fiscal deficit of 9.4% of gross domestic…