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Colombia Proposes 16% Budget Increase Amid Rising Debt Costs

Colombia's new administration plans a significant budget expansion for next year, primarily driven by escalating government debt servicing expenses.

27 Aug, 18:53 — 27 Aug, 18:53
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bloombergHigh6h ago

Colombia Seeks 16% Budget Increase as Debt Service Costs Soar

Colombia’s new government will seek to increase its budget by 16% next year, with much of the increase due to soaring debt service costs.

By Oscar Medina

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