Fiscal deficit puts pressure on rates, credit and the dollar, Banco de la República warns

FinanceColombiaEl DiarioOct 25, 2026, 9:49 AM35 s readAI summary

The central government deficit reached 4.6% of GDP in the first eight months of 2026, about 91.2 trillion pesos, according to the Ministry of Finance. Banco de la República governor Leonardo Villar warned that the deterioration of public accounts can affect inflation, interest rates, credit costs and the dollar. The policy rate stands at 12.25% and the Board decides on October 30.

In 35 seconds

The central government deficit was 4.6% of GDP between January and August 2026, equivalent to 91.2 trillion pesos.
Villar said the primary deficit went from near zero in 2023 to around 3.5% of GDP in 2025 and 2026.
The central bank keeps its policy rate at 12.25% and the Board's next decision is on October 30.

Read the full story at El Diario

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

déficit fiscal
Banco de la República
tasas de interés
dólar
deuda pública

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Fiscal deficit puts pressure on rates, credit and the dollar, Banco de la República warns

In 35 seconds

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