Finance Minister Germán Ávila submitted a bill to Congress to add 500 billion pesos to the budget of the Colombian Institute of Family Welfare. The measure aims to ensure the agency's operations during the second half of 2026.
Ávila explained that the Icbf total budget would rise from 10.96 trillion to 11.46 trillion pesos. Investment would increase from 9.68 trillion to 10.18 trillion pesos while operating funds would remain at 1.28 trillion pesos.
The minister stressed that the addition targets program spending rather than operational costs. The funds would support early childhood development and initiatives for youth and vulnerable families.
Ávila noted that the measure does not change primary spending targets in the 2026 Financial Plan. Filed as bill 500 in the House and 369 in the Senate, the proposal was first seen in late April and seeks to prevent declines in service quality and coverage at the Icbf.