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September 29, 2024
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The departments that would see the biggest cuts in their investment resources in 2025

The departments that would see the biggest cuts in their investment resources in 2025

Investment resources would be reduced in 29 of the 32 departments of the country next year. This is due to the drop that this item would present in the 2025 Budget.

(Read more: How a carbon tax hike would impact your household finances)

This was warned by the senator of the Radical Change party, David Luna, who pointed out which regions of the country would see a greater decrease in relation to the resources used in 2024.

“While bureaucracy and operating expenses increase, they reduce investment in 29 departments. Was this not the Government of and for the regions? Or were they also false promises like all the others?” the congressman noted.

According to Luna’s complaint, Some departments in the Caribbean region would bear the worst part. The list is headed by Sucre, with a decrease of 37.4%; Córdoba, with a drop of 36.9%, and Atlántico, with 32.6%.

(Read more: Petro pointed out that if the tax bill is not approved, subsidies will be cut for rich sectors)

(More news: Axes of the national agreement promoted by the Government would be known next week)

Other areas of the country that would see significant declines include Putumayo (32.4%), Meta (31.3%), Cesar (27.7%), Cundinamarca (26.5%), Santander (26.3%) and Antioquia (25.5%).

The figures also show that there would only be four territories in which there would be an increase in resources.

Bogotá would be the one that would have the greatest increase, going from $6.5 to $7.7 billion, that is, its budget would increase by 16.8%. The capital would be followed by Vichada, with an additional 10.7%; Vaupés, with 3.1%, and Bolívar, with 2.6%.

After the fall of the bill for the General Budget of the Nation (PGN) for 2025, the Minister of Finance, Ricardo Bonilla, indicated that this would be issued via decree and the initial amount with which the Executive presented the initiative would be maintained. that is to say, $523 billion, of which $12 billion would come from the financing law.

However, according to experts, the Legislature would still have until October 20 to agree on next year’s PGN.

(See: Fiscal rule: point of contention with the financing law)

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