Cali approves 1.18 trillion pesos for 2026 investment

Cali's council approved the addition of 1.18 trillion pesos to the district budget for 2026. The funds will mainly target security, mobility and housing.

The decision followed the presentation of Draft Agreement 086 of 2026. More than 1.075 trillion pesos are new resources and 105 billion pesos are budget transfers. Eighty-four percent of the funds will go to public investment.

Security will receive 228.749 billion pesos for public lighting and crime prevention. Mobility investments total 123.591 billion pesos for roads and the MIO system. Housing and public services will receive more than 101 billion pesos.

Vanessa López, deputy director of Integral Development, noted that the resources will strengthen the Development Plan ‘Cali Capital Pacífica de Colombia’. Funds were also allocated to health, education and social programs.

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Illustration of Colombian floods with government officials announcing emergency decrees for aid funding amid skeptical onlookers.
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Colombian government issues decrees to address flood emergency

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The Colombian government issued several decrees under the Economic, Social and Ecological Emergency declared due to floods in eight departments, including a 16% tax on digital bets and an $8.6 trillion addition to the 2026 budget. These measures aim to fund aid for victims and revive the local economy. Critics like Andi and AmCham question their impact on investment.

The Conpes 4190 document redefined financing for the Regiotram del Norte and excluded Bogotá from cofinancing, prompting objections from the mayor's office.

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Colombia's Ministry of Finance reported that Foreign Affairs, Education and Health had the highest budget executions at the end of February 2026, at 16%, 14.4% and 13.3% respectively. The overall average across sectors was 10.4%. Science, Technology and Innovation, Sports and Housing lagged with 2.7%, 2.5% and 1%.

A study shows that Cali's insurance market reaches 2.11 trillion pesos in personal insurance and 1.91 trillion in business insurance, highlighting gaps in the commerce sector. Over 55% of commercial companies lack coverage, while mobility insurance leads in the personal segment. The analysis, conducted by Aseguradora Solidaria, emphasizes the role of low and middle socioeconomic strata in this market.

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Mexico's tax collection reached 1.0218 trillion pesos in the first two months of 2026, up 2.6% in real terms from 2025 and above target. However, physical investment plunged 44.9%, the largest drop in 36 years. The Secretariat of Finance reported these figures in its recent update.

The National General Budget for this year totals $546.9 trillion, with the majority allocated to transfers and operating expenses. However, investment execution has been slow in January, reaching only 1.2% of the available appropriation. Key sectors like transportation show minimal progress, while others have yet to record any obligations.

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Monterrey is investing millions in infrastructure to host 2026 World Cup matches, while facing security concerns in its metropolitan area. The state government has allocated 150 billion pesos for improvements in transport and services, projecting a 3 billion dollar economic impact. Yet, crime challenges persist despite reductions in homicide and robbery figures.

 

 

 

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