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Colombia Has Started Payments on €3.1 Billion Saab Fighter Deal

Source: Bloomberg

Infrastructure & DefenseFiscal Policy & BudgetGeopolitics & War

Colombia has started payments on a €3.1 billion Saab fighter-jet order placed by the prior government, limiting President Abelardo de la Espriella's ability to cancel the purchase. The committed defense expenditure adds pressure as the administration seeks to repair the country's public finances.

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