De la Espriella Slashes Colombia’s Already Meager 2027 Sports Budget by 40%
Colombian sports will have 40% less funding in 2027. The General National Budget bill presented by the government of Abelardo De la Espriella allocates $297.7 billion pesos (approximately US$94 million) to the Ministry of Sports, compared with the $496.1 billion pesos (approximately US$157 million) allocated for 2026, which was, until then, the lowest amount in […]
Colombian President Abelardo De la Espriella has announced a 40% reduction to Colombia's 2027 sports budget, significantly diminishing the funding allocated to the country's athletic programs. The General National Budget bill, presented by the government, allocates $297.7 billion pesos (approximately US$94 million) to the Ministry of Sports, down from the $496.1 billion pesos (approximately US$157 million) provided in 2026.
This drastic cut of $198.4 billion pesos (approximately US$63 million) brings the sports sector's funding to a historic low, following years of reductions during the Petro administration. The budget decline poses challenges for Colombian athletes as they prepare for the 2028 Los Angeles Olympics, which will require numerous qualification competitions and training sessions during 2027.
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