Skip to main content
Holiday Sale — Get 40% off Vantage for yourself or as a gift
Published loading...Updated

Fitch Pushes Colombia Further Into Junk Citing Fiscal Deficits

Summary by Bloomberg
Fitch Ratings downgraded Colombia’s credit rating one notch deeper into junk territory, citing persistently large budget deficits that will add to the nation’s debt load.

8 Articles

Fitch Ratings downgraded Colombia's credit rating from BB+ to BB, citing concerns that high and persistent fiscal deficits will maintain an upward trajectory for public debt relative to GDP and widen the gap with comparable countries. The agency noted that the absence of a credible fiscal anchor, increasing spending rigidity, and potential political constraints on passing revenue-raising measures complicate the outlook for fiscal consolidation a…

The rating agency Fitch Ratings lowered Colombia’s credit rating from BB+ to BB and modified the negative to stable perspective, considering that a high fiscal deficit persists that has led to a high level of government indebtedness. According to the rating company, this decision implies that investing in the country is now ... The post Fitch lowers Colombia’s credit rating and warns persistent fiscal risks appeared first on ::Tolima Online:.

Fitch cuts credit rating from Colombia to BB due to high fiscal deficits Agencia Period... Mar, 16/12/2025 - 19:52 The agency warned that debt will continue to increase in the medium term and warned about the lack of a credible fiscal anchor Tags Companies

The qualifier warned that the absence of a credible fiscal anchor compromises the prospects for fiscal consolidation, even after elections

·Bogotá, Colombia
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Left
100% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Bloomberg Linea broke the news in on Tuesday, December 16, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal