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Live News REGULATION ARTICLE M impact

Procedural Flaw Puts Colombia’s 2027 Budget at Risk

Lawmakers said the budget bill approved by Congress could be scrapped over a procedural flaw tied to a discrepancy in the text. It provides for 634.9 trillion pesos ($201 billion) in spending distributions.

The 2027 budget bill approved by the Colombian Congress on Tuesday could be scrapped due to a procedural flaw linked to a discrepancy in the text, lawmakers said.If next year's 634.9 trillion pesos ($201 billion) of spending distributions were to be rejected, it would force the government of new ri…