[Politics] Budget of 2023: would rise 14 billion to $ 405 billion

[-𝓣𝓐𝓚𝓘]

he Government will no longer seek to add 11 billion pesos to the General Budget of the Nation (PGN) project presented by former President Iván Duque, but rather the figure will rise to 14.3 billion pesos.

With this, the total amount of the Budget for next year would be 405.7 billion pesos. This figure will be the one that the Economic Commissions of the Congress will vote this week.

This was confirmed by Senator Gustavo Bolívar at the end of a meeting between congressmen and President Gustavo Petro.

The largest budget addition goes to the Agriculture category, to which another 2 billion pesos will be added for the purchase of 3 million hectares with the purpose of advancing in the comprehensive rural reform.

"The Agriculture budget goes from 2 million to 4 billion pesos," said the congressman.

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Another 1.3 billion pesos will go to health, 1.2 billion pesos will be added to education, 1 billion pesos to the housing sector and 1 billion pesos more to Social Inclusion.

In addition to this, 1 billion pesos will go to the program to fight hunger and another 200,000 pesos for culture.

Bolívar explained that the resources that are going to be added to the budget will be obtained from an excess collection that exists in the Dian, parallel payrolls will be eliminated, which means an increase of 3.5 billion pesos, to which are added some expenses that have not been executed in several State entities

How did the Government of Duque leave the Budget?
The total value of the project presented amounted to 391.4 billion pesos. Of this figure, $250.6 billion (64%) corresponded to operating expenses, $78 billion (19.9%) to debt service payments and $62.8 billion (16%) to investment.

https://www.eltiempo.com/economia/sectores/presupuesto-2023-gobierno-buscara-adicionar-14-billones-de-pesos-701891