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Colombia will not paralyze economy to comply with fiscal rule, says minister

Colombia will not paralyze economy to comply with fiscal rule, says minister

Reuters06-06-2025
BOGOTA, June 6 (Reuters) - Colombian Finance Minister German Avila said on Friday that "paralyzing" the economy to comply with the country's fiscal rule is not an option and that the government will take steps, including increased borrowing, if needed to ensure growth.
His remarks follow news that Colombia may invoke an "escape clause" to suspend compliance with the fiscal rule governing government finances.
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