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".

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Colombian Finance Minister presenting 2026 economic projections including dollar rate at $3,801 and Brent oil at $59.2, amid charts and a skeptical press audience.
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Colombian government projects dollar at $3,801 and brent at us$59.2 for 2026

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The Ministry of Finance published the Financial Plan for 2026, projecting 2.6% GDP growth and 5.8% inflation. The document estimates an average dollar rate of $3,801 and Brent barrel at US$59.2, though analysts warn of calculation errors and lack of concrete measures for fiscal cuts. The publication was delayed by more than a month compared to previous years.

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%.

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The Ministry of Finance reported that at the end of January 2026, the sectors of Foreign Affairs, Environment, and Education recorded the highest budget executions in the National General Budget. These reached 10.5%, 8.6%, and 6% respectively, above the overall average of 3.9%. Total payments amounted to 17.1 trillion pesos, with 8.2 trillion allocated to debt service.

The National Administrative Department of Statistics (Dane) reported that Colombia's economy grew 2.6% in 2025, below expectations of 2.8%. In the fourth quarter, GDP expanded 2.3%, driven by household consumption, the public sector, and cultural activities like concerts. Investment fell 2.9%, the lowest level in two decades.

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Colombia's Finance Minister Germán Ávila defended the Economic and Social Emergency, stating that without it the state couldn't meet fundamental obligations. He assured that the measures won't affect the family basket or vulnerable sectors. Funds will go toward health, security, and key subsidies.

The Cabinet has approved a massive Ksh4.7 trillion budget for the 2026/27 financial year, a significant rise from the previous year's allocation. This plan shifts focus to scaled-up investments across sectors to drive economic growth. The government expects to collect Ksh3.53 trillion in revenues against Ksh4.7 trillion in spending.

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Egypt's Finance Minister Ahmed Kouchouk announced plans to reduce the budget debt-to-GDP ratio to 80% by the end of June 2026, after it fell from 96% to 84% over the past two years. The external debt of budget agencies has also decreased by approximately $4 billion during this period.

 

 

 

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