Colombia’s New Right-Wing Government Faces an Uphill Battle
4 Articles
4 Articles
Colombia’s New Right-Wing Government Faces an Uphill Battle
Colombian President-elect Abelardo de la Espriella inherits an economy constrained by weak investment and a severe fiscal crisis. His ability to restore fiscal stability without sacrificing the social gains of recent decades will determine whether the country’s rightward shift proves lasting or short-lived.
The incoming government has been slow to announce the pillars of a next fiscal adjustment that has no alternatives, yes, with ideas that do not hurt growth
Miguel Gómez, Minister of Finance appointed (left), and Abelardo de la Espriella, President-elect (right).Images: Press government De la Espriella The new administration receives a complex economic heritage, marked by a cost of public financing that has reached levels not seen in almost two decades.In June 2026, the average coupon of public debt, that is, the interest rate that the State pays to finance, stood at 8.74 %, marking its highest poin…
“If it’s true, they gave away money like fools,” will be a presidential phrase hammered into the collective memory. The article “People Who Degrade a Government” was originally published on Las2orillas.co: Stories, Voices and News from Colombia. Copyright Las2orillas.co
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- 100% of the sources lean Left
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