De La Espriella Announces Austerity Measures and Blames Petro for Colombia’s Fiscal Deterioration

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The president of Colombia, Abelardo de la Espriella, said that the fiscal crisis “is Gustavo Petro’s responsibility,” adding that the country is on the brink of “the abyss.” The former leftist president responded, saying that he seeks “to deceive the nation to hide its own incapacity.” In a national chain issued on Sunday night, De la ... Continue reading “De la Espriella blames Petro for the fiscal crisis in Colombia: “He left the country at th…

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BOGOTÁ (AP) — The president of Colombia, Abelardo de la Espriella, warned on Sunday that almost half of the resources that will finance the next year's state budget will come from indebtedness, and advanced austerity measures to cover a...

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The president of Colombia, Abelardo de la Espriella, warned on Sunday that almost half of the resources that will finance the next year’s state budget will come from indebtedness, and advanced austerity measures to cover a deficit for which he held his predecessor, Gustavo Petro responsible. “Almost half of the budget will depend on silver [...] The entry De la Espriella announces austerity measures and blames Petro for Colombia’s fiscal deterio…

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President Abelardo De La Espriella presented the main guidelines of his government on economic matters, security, transparency and infrastructure, defending the project of the General Budget of the Nation 2027, called “Budget of the Truth”, for $635 billion. The initiative was established before Congress by the Ministry of Finance and incorporates resources that, ... The post Budget of the Truth 2027: De la Espriella announces $635 billion and n…

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President De La Espriella announces measures to address the fiscal crisis in Colombia and criticizes the management of Petro's finances.

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During a nationwide speech, Colombian President Abelardo de la Espriella said that the fiscal crisis does not respond to external factors, but to the budgetary management of the previous administration.