Weekly Report - 26 October 2004

COLOMBIA | Suing over the budget. Two opposition parties, the Partido Liberal (PL) and the Polo Democrático Independiente (PDI) have announced that they will file a suit before the constitutional court to block the implementation of next year's budget, approved last week just before the legal deadline. Their case is based on procedural, formal and substantial arguments - one of the latter being that a big portion of the revenues are far from secure. This is because they assume the approval of a fiscal reform that congress has not even started to debate.