Public Finances
Deputies vote spending increases for 2026 budget
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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.
Colombia's Comptroller General revealed in its report 'Financial Sustainability of Colombian Public Universities 2019-2024' that only one of the 34 public universities in the country achieves financial self-sustainability. The study highlights a high concentration of resources in four main institutions, exacerbating regional inequalities. Additionally, the system's pension liability reaches 10.3 trillion pesos in 2024.
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A report from the Rexecode institute, accessed by Le Figaro, concludes that the wealth tax (IGF) has not boosted French public finances but led to net fiscal losses of 9 billion euros annually. These findings come as political parties propose taxing the assets of the wealthy more heavily to address budgetary issues. The document warns of a national income loss equivalent to 0.5 to 1 percentage point of GDP.