Colombia’s Budget Battle: A Test for Petro’s Presidency

In a surprising turn of events, Colombia’s Congress rejected President Gustavo Petro’s proposed 2025 national budget. This unprecedented move has thrown the country’s fiscal planning into disarray. The rejection stems from concerns about the budget’s funding, particularly a contentious 12 trillion peso ($2.8 billion) gap. Petro’s administration, now at its midpoint, faces mounting pressure to […]