A parliamentary committee in Colombia has maintained the Proposed General Budget (PGN) at 634.9 trillion pesos. The committee is proposing to redirect resources from various sectors to bolster funding for energy and gas subsidies, allocating $3 trillion to the Ministries of Mines and Energy. The Ministry of Finance is projected to receive an additional 4.5 trillion pesos as a result of these adjustments. This redistribution aims to address energy needs and maintain existing subsidy programs within the Colombian economy. The PGN represents the government’s financial plan for the upcoming fiscal year and these changes reflect current economic priorities. These adjustments highlight a strategic shift in resource allocation to prioritize key sectors like energy and finance. The revised budget awaits further legislative approval.

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