Through a letter addressed to the Ministry of Finance, a citizen asked the Government to cut the national budget of 2025 to comply with the legislation. This considering that They would be exceeding the stops of the reserves established by the norm.
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The letter was presented by Pedro Nel Ospina, economist and former president of Colpensiones, and is sent to the head of the Treasury portfolio, Germán Ávila, and the general director of the National Public Budget, Martha Hernández, so that the information set out there is taken into consideration.
According to Ospina in the text, the operating and investment reserves constituted in the year 2024 They exceed the established legal stops Without, to date, an administrative act has been issued to reduce the general budget of the Nation (PGN) corresponding to the year 2025.
This repair is based on the fact that, in accordance with the provisions of Law 225 of 1995in each validity the government must reduce the operating expenses budget “When reservations constituted for them, exceed 2% of the budget of the previous year.” The regulations also indicate that the same operation on investment appropriations must be executed“When reservations for this purpose exceed 15% of the investment budget” of what is defined a year earlier.
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Now, to understand how much the stops have been exceeded, the figures attached to the document show that The amount assigned this year for operation is equivalent to $ 61.89 billionso the total reserves would have to be a maximum of approximately $ 1.24 billion. However, the latter is located at $ 13.97 billion, so that, based on the law, It would have to be cut at about $ 12.7 billion.
In the case of investment, the current balance is $ 58.8 billion, so that the money destined for ‘mattress’ could not exceed $ 8.8 billion. However, Resources in reservations are $ 33.6 billionthat is, a cut of just over $ 24.9 billion would have to apply.
Adding both cuts, and considering what is defined by the legislation, The National Budget of 2025 would have to make an adjustment of $ 37 billion.
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The nation accounts are going through a challenging scenario in the fiscal.
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In that context, the author of the letter requested the Minhacienda complying with the standard with the issuance of a decree of reduction of the current PGN, in accordance with the provisions of the Organic Law of the Budget. Along the same lines, he asked to be required in the same the readjustment of the affected games and the amount of the required cutbased on the calculation resulting from the reserves published in the SOF nation.
Similarly, and taking into account what is defined in Colombian legislation, it required that a timely response to the letter.
It is important to remember that as of June 2025, the budget execution, excluding debt service, reached 37.2%. The figure, which although it exceeds that of the previous one (36.6%), is maintained 0.9 percentage points below the average of the last 24 years (38.1% between 2000 and 2024), which gives an account of the slow rhythm with which the resources are being executed.
(Read more: US Thought Center.
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