• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
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Colombia would need a 4.2-point-of-GDP adjustment to stabilize public debt, Oxford Economics warns

FinanceColombiaPortafolio10 s readAI summary
Image: Portafolio

Oxford Economics warns that Colombia would need an adjustment of 4.2 percentage points of GDP to stabilize its public debt. The firm estimates the country must move to a primary surplus close to 1% of GDP to curb borrowing.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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