Colombia unveils four-year development plan worth nearly $250 billion

FILE PHOTO: Colombia's President Gustavo Petro attends the session "Leadership for Latin America" during the World Economic Forum (WEF) 2023 in Davos, Switzerland, January 18, 2023. REUTERS/Arnd Wiegmann/File Photo

BOGOTA (Reuters) - Colombia's government on Monday presented a $247.1 billion four-year development plan to the country's lawmakers, laying out details of its projected social and economic investments.

The so-called National Development Plan must get the seal of approval from Congress, where leftist President Gustavo Petro has forged a coalition that comfortably passed a tax reform last year, although dissent has risen amid proposed reforms of pensions and the health system.