A government source told Reuters on Tuesday that Colombia’s government has officially approved the use of an “escape clause” to temporarily waive the fiscal rule. In Latin America’s fourth-largest ...
BOGOTA (Reuters) -Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a government source told Reuters on Tuesday, amid ...
Colombia’s bonds and currency sold off on Friday amid investor fears that the government may suspend the fiscal anchor that curbs its ability to run up debt. The nation’s dollar-denominated bonds ...
BOGOTA (Reuters) -Colombia's central bank held the benchmark interest rate at 9.25% on Friday, as predicted by the market, on the back of mounting fiscal uncertainty and an uptick in inflation ...
BOGOTA, Nov 19 (Reuters) - Colombia needs to cut budget spending by 56 trillion pesos ($12.7 billion) to comply with its fiscal rule this year, an independent committee of experts said on Tuesday, a ...
Colombia’s Congress dealt a big blow to President Gustavo Petro’s administration on Wednesday by rejecting a critical tax reform to strengthen the country’s budget for the coming year. The proposed ...
BOGOTA, June 6 (Reuters) - Colombian Finance Minister German Avila said on Friday that "paralyzing" the economy to comply with the country's fiscal rule is not an option and that the government will ...
Aug. 13 (UPI) --Colombia's Congress has begun to debate the 2026 national general budget bill, a proposal from President Gustavo Petro's government totaling $138.4 billion -- equal to 28.9% of the ...