In the plenary session of the Senate this October 15, the presentation of the project for the General Budget of the Nation for 2026 for $547 billion was approved. After more than seven hours of debate, Congress will continue with the discussion of the articles and propositions, to define the values that will go to the respective portfolios.
Several congressmen have referred to this amount, stating that – although it was reduced by $10 billion – it continues to be ‘inflated’ and will require further increasing the country’s debt in the future.
Senator Angélica Lozano stated that: “Next year’s budget is still inflated; $546 billion is much more than realistic, and when happy calculations are made, a big hit comes.” In addition, he points out that the Executive estimates income of $530 billion, but adds $16 billion more that depends on a tax reform that does not exist and points out that “I raise the alarm because the budget is conditioned to a law that has not yet been presented. If this reform is not approved, there is no way to support the additional income that they are projecting.”
