Education, health and sciences lead 2025 budget execution

The Ministry of Finance reported that Education, Health, and Science, Technology and Innovation sectors closed 2025 with the highest budget execution rates, reaching 97.3%, 96.1%, and 95.4% respectively. In contrast, Presidency, Transport, and Agriculture had the lowest, at 40.9%, 43.5%, and 59.5%. The overall average without debt was 86.5%.

The Colombian government closed the execution of the General National Budget for 2025 with an average of 86.5% without including debt, according to Ministry of Finance data. The sectors of Education, Health, and Science, Technology and Innovation stood out with executions of 97.3%, 96.1%, and 95.4% respectively, reflecting strong commitment in social and scientific areas.

In contrast, Presidency executed only 40.9%, Transport 43.5%, and Agriculture and Sustainable Development 59.5%. In terms of commitments without debt, obligations were acquired for $391.5 trillion, a 7.01% increase from December 2024. Total payments reached $343.1 trillion, equivalent to 86.2% of the appropriation, of which $104.5 trillion corresponded to debt service (92.8%).

Investment showed a commitment of $76.1 trillion, $11.4 trillion less than in 2024. The leaders in investment obligations were Science, Technology and Innovation with 96% ($244 billion), Equality and Equity with 94.1% ($9.39 trillion), and Education with 90.3% ($6.12 trillion). Regarding the 2024 budget backlog of $62.5 trillion, $54.7 trillion were obligated by October (87.5%), with $35.8 trillion for investment, $18.3 trillion for operations, and $7.47 trillion for debt.

For operating expenses, out of $319.8 trillion, 74.3% were national transfers. Of $237.7 trillion appropriated, $218.9 trillion were obligated, highlighting the General Participation System ($81.9 trillion), pensions ($75.3 trillion), and health insurance ($39.7 trillion).

The Ministry of Finance explained: "The lower investment execution in terms of obligations reflects the government's effort to ensure resource transfers align with the effective delivery of goods and services to citizens (...). 62.9% of obligations for public goods and services acquisition came from defense, judicial branch, prosecutor's office, and autonomous entities sectors".

Makala yanayohusiana

Realistic illustration of Colombia's 2025 economic and social challenges contrasted with hopeful renewal, featuring worried citizens, symbolic decay, and community unity.
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Year-end reflections on Colombia's challenges in 2025

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At the close of 2025, Colombian columnists highlight distrust, governmental ineffectiveness, and an economic crisis worsened by debts and taxes as the main threats to the country. While criticizing official lies and poor fiscal management, they call for building trust, social commitment, and education for a hopeful future.

With 200 days left in Gustavo Petro's government, the Presupuesto General de la Nación (PGN) execution shows the lowest rates in two decades. As of November 2025, the average execution stands at 72.9%, below the century average of 74.9%. Sectors like health and education lead, while transportation and the presidency lag behind.

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The Colombian government set a debt quota of $152.25 trillion to finance part of the 2026 General National Budget, according to a Ministry of Finance decree. This amount, lower than in 2025, accounts for four points of GDP and is split between treasury bonds and temporary operations.

Following tense anticipation, Argentina's National Senate approved the 2026 Budget on December 26 with 46 votes in favor, 25 against, and one abstention, achieving the first fiscal balance in decades despite opposition criticism over cuts to education and science funding. The ruling party hailed the milestone, while opponents decried impacts on key sectors.

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The debate on Colombia's Financing Law in Congress was suspended until Tuesday due to lack of quorum in the Fourth Commission of the House of Representatives. The bill aims to raise $16.3 trillion to fund a 2026 budget of $546.9 trillion, but faces opposition and potential cuts if not approved. President Gustavo Petro warned of a possible default, while experts like Anif dismiss that risk.

The fiscal 2026 budget under Prime Minister Sanae Takaichi has gained support from the Democratic Party for the People, raising prospects of passage in its original form. However, as the first budget with debt-servicing expenses exceeding ¥30 trillion, insufficient curbs on social security spending have failed to allay market concerns. Rising interest rates pose a risk.

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Deputies in the finance commission have approved several spending increases in the 2026 finance bill, ranging from hundreds of millions to billions of euros. These amendments target cooperative cellars, social leasing, and renewable energies. As the revenues section continues in session, these hikes contrast with the government's planned savings.

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