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Event Brief

Colombia’s Twin Deficits Deepen as Gaps Widen

Colombia faces a $10.9 billion current account deficit and a fiscal deficit of 6.4% of GDP, impacting borrowing costs.
WHO: Colombian Government
WHAT: Deepening fiscal and external deficits
WHEN: Mar 2, 2026 at 1:21 PM ET
WHERE: Colombia
WHY: Increased borrowing costs due to twin deficits
Sources (1): Rio Times

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