Economics ❯ Public Finance ❯ Government Spending

Austerity Measures

Budget Cuts Welfare Cuts Debt Management Taxation Economic Impact Impact on Pensioners Investment Impact on Social Services Public Investment Impact on Services Economic Policy Social Justice Social Welfare Programs Social Benefits Social Welfare Cuts Fiscal Policy Impact on Healthcare Public Holidays Social Welfare Fiscal Responsibility Subsidy Reduction Travel Regulations Salary Management Resource Allocation Economic Stability Subsidy Programs Impact on Education Cost Reduction Political Ethics

Colombia Cuts Congressional Pay by 30% for Next Legislature After Petro Decree

The decree abolishes a 2013 special allowance that officials say inflated pay beyond the country’s economic reality.