42. If there are limits on the amount a candidate can spend, what is the limit?

Colombia

Colombia

Answer
Limit depends on the type of election and population of each electoral area.
Comment
The law entitles the EMB to establish the limit in January of the year of the elections. For instance, the limit for Senate elections in 2010 was set to 675 million pesos [I$ 506,000]; and for representatives between 264 [I$ 198,000] and 531 million pesos [I$ 398,000] depending on the population of the respective election jurisdiction.
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