Tag: national budget

Crunching the numbers on Colombia’s 2015 budget

Colombia’s Finance Minister outlined a $110 billion national budget to Congress on Tuesday, which has been touted by President Santos as a list of “social priorities for a time of peace.” Colombia’s 2015...

Colombia passes $9B budget for coming fiscal year

Colombia’s Congress on Wednesday passed a $9 billion budget for the fiscal year stretching from 2013 to 2014. A Wednesday press release from the Ministry of Finance Finance stated that the budget “aims to strengthen...

Colombian military to add 25,000 new soldiers

  Colombia’s defense minister said Thursday that the military will add 25,000 new soldiers to its ranks over the next two years, reported local media. Defense Minister Juan Carlos Pinzon made the announcement while...

Santos adds $5.7B to Colombian defense budget

Colombian President Juan Manuel Santos has approved on Thursday a $5.7 billion increase to the 2013 defense budget. “Not for a single day or minute will we let our guard down against violent actors that threaten the life and...

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