Public spending

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Colombia's economy grew 2.2% year on year in the first quarter of 2026, according to Dane data. The main driver was state spending on consumption and public administration.

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Hong Kong's Secretary for the Civil Service Ingrid Yeung Ho Poi-yan has vowed to cut more than 10,000 government posts by the end of June 2027, with close to 60 per cent in junior roles and about 3 per cent at senior levels. She described the move as not 'fattening the top but thinning the bottom', briefing legislators on the 2026-27 budget.

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