US EditionColombia Faces Worst Fiscal Crisis in Two Decades as Deficit Hits 6.8% of GDP
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Colombia Faces Worst Fiscal Crisis in Two Decades as Deficit Hits 6.8% of GDP
Colombia’s fiscal situation deteriorated dramatically in 2024, with the government deficit reaching 6.8% of GDP according to the Ministry of Finance’s February 2025 Financing Plan. This marks the second-highest fiscal deficit in 30 years, excluding the pandemic period. The International Monetary Fund confirmed these troubling figures in April 2025, noting that Colombia’s central government deficit […]
·Brazil
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The presidential pre-candidate pointed out that this government has spent money it doesn't have and a $75 billion cut would have to be made to settle the accounts.
·Bogotá, Colombia
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
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- 100% of the sources lean Right
100% Right
R 100%
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