Budget 2027
In short
Multiple governments are currently finalising or approving their 2027 spending plans, including the Colombian Congress which approved a 634.9 trillion peso ($201.14 billion) budget on 20 October 2026.
What is happening
In Hungary, Prime Minister Péter Magyar has presented a budget proposal containing several controversial measures. Meanwhile, in Malaysia, gig workers have expressed support for new welfare initiatives included in their 2027 budget, and Indianapolis Democrats have passed a nearly $1.9 billion package.
When
The Irish budget was presented on 6 October 2026; the Colombian budget was approved on 20 October 2026.
Why it matters
These budgets dictate national spending on essential services like policing, welfare, and infrastructure. They also reflect the political priorities and economic strategies of different governments globally.
Easy to mix up
Do not confuse the various national 2027 budgets with local municipal budgets, such as the one for Berrien County or Indianapolis.