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Duque Approves Record Budget

COLOMBIA

Following the Congressional Approval on Oct. 19, Colombian President Duque approved a 314 Trillion Peso ($87 B) government budget for 2021, the largest in its history. Some details of the breakdown include:

  • 58.6 Trillion Pesos set aside for investment.
  • Education receives more money than all other sectors with 47.3 Trillion Pesos.
  • Budget is focused on economic growth and supporting businesses hit by coronavirus.

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