Colombian presidential candidate Paloma Valencia is pledging to cut the nation’s budget deficit by 50 trillion pesos ($14 billion) and reinstate fiscal rules abandoned by the current administration, aiming to defuse what she describes as a ticking time bomb of unsustainable debt.
Colombia’s Valencia Vows $14 Billion Deficit Cut, Oil Push
Colombian presidential candidate Paloma Valencia is pledging to cut the nation’s budget deficit by 50 trillion pesos ($14 billion) and reinstate fiscal rules abandoned by the current administration, aiming to defuse what she describes as a ticking time bomb of…
This article was originally published by
Bloomberg Markets
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