• 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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Fiscal deficit reached 4.7% of GDP by August and interest payments absorb 28% of tax revenue

FinanceColombiaLa República15 s readAI summary

The fiscal deficit reached 4.7% of GDP by August, according to the balance published by La República. Interest payments absorb 28% of tax revenue. The primary balance, which excludes interest, also deteriorated: it moved to a deficit of 1.8% of GDP by August, 0.4 percentage points more than in July.

Read the full story at La República

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

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