00:00What happened to the 2027 budget?
00:02Although on Monday night and early Tuesday morning the Senate and the House approved
00:07In the second debate, the project, due to a procedural error, will no longer be subject to changes.
00:12to the 2027 accounts.
00:14The problem lies in article 65.
00:16The Senate approved it as it was in the report, but in the House it was voted on with a proposal.
00:21In the early morning of October 20, after 3 a.m., nobody noticed the mistake.
00:26When the two chambers approve different texts, there must be reconciliation, but in this case
00:31It wasn't done.
00:32The error sparked a legal debate.
00:34This Wednesday, Vice President José Manuel Restrepo explained that the government will decree
00:39the text approved in the first debate by the economic committees.
00:43The project presented by the government, with the approved and discussed modifications, will be in effect.
00:50by Congress in the first debate.
00:52Therefore, both the amount of 634.9 trillion pesos, and the distribution that Congress
01:02It was studied and passed in the first debate; they were approved, as were the faculties.
01:09of transfer and budget reorientation.
01:12Therefore, the national government will proceed to decree said budget today.
01:19general of the nation.
01:20What does the budget look like now?
01:22The total amount does not change.
01:24The budget remains at 634.95 billion.
01:28What does change is the distribution.
01:30In the second debate, the plenary sessions had reduced debt service to increase resources
01:35from some sectors.
01:37But since the final text is now the one from the first debate, the distribution remains as follows.
01:42391.4 trillion for operations, 155.4 trillion for debt service, and 88.1 trillion
01:51for investment.
01:52Among other things, the resource increases that had been approved by the plenary sessions are lost.
01:57of the House and Senate.
01:58The increases of 3 trillion for health, 6.5 trillion for pensions, and 3 trillion will not be applied.
02:04for energy and gas subsidies and 700 billion for the operation of universities
02:09public.
02:10The additional cut of 11.4 billion for the JEP will also not be applied.
02:15The country's accounts for 2027 will remain as they came out of the economic commissions.
02:20If you want to stay up to date on economic news, read more at www.elespectador.com.
