Petro’s Bold Fiscal Strategy for Colombia in 2024

President Gustavo Petro’s government aims to invigorate Colombia’s economy in 2024 by planning a significant increase in spending. This approach tests the fiscal framework’s flexibility, signaling a bold move toward economic revival. The Ministry of Finance’s projections indicate a modest 1.2% growth in 2023, with the Central Government’s deficit at 4.2% of GDP, improving from […]

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