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[POLITICS] · Colombia · 12 sources

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Colombia faces $30 billion fiscal gap in 2027 budget, says incoming vice president

Vice‑president‑elect José Manuel Restrepo warned that the 2027 national budget will confront a fiscal pressure of roughly 30 billion pesos, with debt‑service costs rising while resources for investment remain stagnant. He said the Contraloría General of the Republic identified a financing gap of about 30.2 billion pesos and highlighted unfinished infrastructure projects that would need around 54 billion pesos to complete, plus unrecoverable works valued at roughly 214 billion pesos. Restrepo also noted pending obligations for energy and gas subsidies of about 5.6 billion pesos, low execution in the transport sector (43 % in 2025, 13 % by July 2026), and an agrarian reform that has delivered only 18 % of the promised 1.5 million hectares. The Contraloría urged that each appropriation be backed by certain revenues or that spending be adjusted to preserve fiscal sustainability.

Entities

2027 national budget · Abelardo De La Espriella · Banco de México · Colombian government · Contraloría General de la República · Fitch Ratings · José Manuel Restrepo · Mexico · Moody's

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