De la Espriella Orders Smaller-Than-Announced Spending Cuts for 2026

Colombian President Abelardo De la Espriella decreed a 13.8 trillion-peso (about US$4.3 billion) cut in public spending for 2026 on Thursday, less than the 21.9 trillion pesos (approximately US$6.9 billion) his government had initially announced. The measure aims to adjust the government’s finances amid mounting pressure on public finances and the challenge of reducing the […]

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