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Market Impact: 0.35
IMF Says Colombia’s Fiscal Situation is Unsustainable, Untenable
Source: Bloomberg
Fiscal Policy & BudgetEmerging MarketsSovereign Debt & Ratings
The IMF warned that Colombia’s fiscal situation is unsustainable, sharpening its assessment of the country’s public finances. The new government is seeking the lender’s help to stabilize its accounts; the article gives no specific fiscal figures or market reaction.
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