The Fiscal Challenges and Threats That Colombia Faces for the Rest of 2025

Labor and employment attorney Camilo Cuervo was cited in a Portafolio article commenting on the fiscal challenges facing Colombia President Gustavo Petro's government. He observed that the administration has continued to raise the country's deficit, in particular through public contracts, y opined that the political will to address the national debt is minimal given the upcoming elections. He also highlighted various measures that could stabilize the government's finances, such as reducing bureaucracy and engaging in strategic planning to reorder spending and increase the country's credibility in the eyes of investors.

READ: The Fiscal Challenges and Threats That Colombia Faces for the Rest of 2025