ELN kills at least 9 soldiers in northeast...
Colombia and US revising bilateral cooperation
Colombia’s cocaine market collapsed: farmers
Armed conflict in Colombia displaced more than 180,000...
Forced displacement
Petro orders Colombia’s security forces to end ceasefire...
Central Colombia mining disaster kills 21, rescue attempts...
At least 11 dead, 10 missing after central...
Can Colombia afford excluding paramilitaries from peace process?
‘Ivan Mordisco’
  • About
  • Support
  • Newsletter
  • Contact
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion
Economy

Colombia estimates 2011 budget at COP147.3 trillion

by Adriaan Alsema July 30, 2010
691

Colombia news - Oscar Ivan Zuluaga

Colombia’s proposed budget for 2011 will reach 147.3 trillion pesos ($79.6 billion), a 2.5% increase from this year, the Finance Ministry said Thursday in a presentation.

The draft, which will be sent to Congress for review, “follows our goal of reducing the deficit,” said Finance Minister Oscar Ivan Zuluaga.

The government expects the deficit this year to reach 4.4% of gross domestic product (GDP) and to shrink in 2011 to 3.9% of GDP.

The 2011 budget was calculated with an economic-growth expectation of 4%, as previously estimated by the government.

The budget was drafted by the administration of outgoing President Alvaro Uribe and could see alterations since it will be President-elect Juan Manuel Santos, who takes office August 7, who will have to see it through Congress. (Darcy Crowe / Dow Jones)

economy

Contribute

Trending

  • Colombia’s cocaine market collapsed: farmers

  • Armed conflict in Colombia displaced more than 180,000 people in 2022: ICRC

  • Colombia and US revising bilateral cooperation

For patrons

Downloads for patrons

Related articles

  • Colombia’s GDP and GNI

  • Inflation

  • Foreign trade

  • Twitter
  • Email
  • Rss

@2008-2019 - Colombia Reports. All Rights Reserved.
Powered by Digitale Zaken and Parrolabs


Back To Top
Colombia News | Colombia Reports
  • News
    • General
    • Analysis
    • War and peace
    • Elections
    • Economy
    • Culture
    • Sports
    • Science and Tech
  • Travel
    • General
    • Bogota
    • Medellin
    • Cali
    • Cartagena
    • Antioquia
    • Caribbean
    • Pacific
    • Coffee region
    • Amazon
    • Southwest Colombia
    • Northeast Colombia
    • Central Colombia
  • Data
    • Economy
    • Crime and security
    • War and peace
    • Development
    • Cities
    • Regions
    • Provinces
  • Profiles
    • Organized crime
    • Politics
    • Armed conflict
    • Economy
    • Sports
  • Lite
  • Opinion