The session will attend ministers, directors of economic entities and the comptroller general.
Elliptical Hall of the Congress of the Republic.
Next Tuesday, August 12, starting at 9:00 am, the economic commissions of the Congress of the Republic will begin the debate of the General Budget of the Nation by 2026. The session is summoned by the Minister of Finance, Germán Ávila; the director of the National Planning Department (DNP), Natalia Molina; the director of the DIAN, Luis Eduardo Llinás; the manager of the Bank of the Republic, Leonardo Villar, and the Comptroller General, Carlos Hernán Rodríguez.
The Autonomous Committee of the Fiscal Rule (CARF) issued an unfavorable previous concept against the proposal presented by the Ministry of Finance and the decision of the Superior Council of Fiscal Policy (Confis) to modify the 202 fiscal plan of 2026. According to the agency, the measure lacks technical support and sends signals of disorder in fiscal planning, in a complex economic context.
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Recall that the Ministry of Finance presented to Congress the bill of the General Budget of the Nation (PGN) for 2026 for a Total of $ 556.9 billion, of which $ 26.3 billion They are conditioned to the approval of a new tax reform.
In its analysis, the CARF said that the increase in primary expenditure and primary deficit, announced just a month after the publication of the medium -term fiscal framework (MFMP), reflects “serious and new problems in the country’s fiscal planning process”. According to the new scenario approved by the Confis, the primary expenditure will grow by 18.2 billion pesos (0.9 % of GDP) and the primary deficit will pass from 1.4 % to 2 % of GDP, while the fiscal deficit will remain at 6.2 % of GDP.
Increase in spending and uncertain sources
From the total increase in spending, the government plans to allocate 7.2 billion pesos to health insurance, 5.7 billion to energy and gas subsidies, and 5.9 billion investment. It also provides for greater income for 8.2 billion and a reduction in the payment of interest for 10 billion. However, the CARF warned that much of these sources are transitory or uncertain.
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“The financing law is, for now, an uncertain plan,” said the committee, warning that additional capital resources are exceptional. He added that recent decisions “undermine confidence in institutionality, fiscal planning instruments and in the Public Finance Adjustment Plan.” According to the agency, after the activation of the exhaust clause for validity 2025-2027, the recovery of trust requires more forceful measures and a firm commitment to the goals defined by the Confis.
Source: Integrated information system
