Cartagena's own revenue loses ground to inflation while spending and debt rise

FinanceColombiaEl Universal (Cartagena)Nov 5, 2026, 6:48 PMAI summary

Cartagena's industry and commerce tax closed 2025 at 595.054 billion pesos, 2.1% more than in 2024, implying a real decline of about 3% with inflation at 5.10%, and met 88.9% of its target. Between January and August 2026 it totaled 428.877 billion pesos, 8.5% more, while property tax grew just 2.9%. Operating spending committed 671.008 billion pesos in 2025, 36% more than in 2023, and infrastructure investment was 84% financed with credit.

In 40 seconds

Industry and commerce tax closed 2025 at 595.054 billion pesos, with a real decline of nearly 3% and 88.9% of the target met
Through August 2026 industry and commerce is up 8.5% and property tax only 2.9%, below the projected 6.85% inflation
Operating spending rose from 492.385 billion pesos in 2023 to 671.008 billion in 2025, a 36% increase

Read the full story at El Universal (Cartagena)

IASummary generated by artificial intelligence from a story by El Universal (Cartagena). It may contain errors: the original source prevails.

Cartagena
impuestos
deuda
finanzas públicas
recaudo

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Cartagena's own revenue loses ground to inflation while spending and debt rise

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