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5.0

Colombia slashes budget by $9.8T across 110 entities, roads and aviation hit hardest

The Colombian government announced budget cuts totaling $9.8 trillion across over 110 public entities, with the National Institute of Roads facing the largest reduction at $1.44 trillion and Civil Aeronautics cut by $949 million. The move signals fiscal tightening, likely in response to revenue shortfalls or deficit targets, and may impact infrastructure projects and public services. The full scope of affected programs and potential economic consequences remain unclear.

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La Repúblicaabout 9 hours agoCOCredibility 31%View source

Score Breakdown

Mosaic Score5.0
Model confidence0.5
Significance0.5
Source credibility0.3

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