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EconomicColombia·8 Oct 2026

Colombia faces hurdles to meet IMF commitments under possible lending deal

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President Abelardo De La Espriella’s administration sent finance ministry officials to Washington to negotiate a potential $8 billion to $20 billion loan agreement with the International Monetary Fund (IMF) to address a fiscal crisis characterized by falling tax revenue and a projected 9.4% budget deficit for next year. While experts indicated that…

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Straits Times
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