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Financial Plan To Set Out Lower 2023 Bond Sale Amounts

COLOMBIA
  • Colombia are expected to cut public debt sales in 2023 as it seeks to become less dependent on borrowing to fund government spending, according to Public Credit Director, Jose Roberto Acosta. (BBG)
  • The 2023 financial plan, which will be published in December, will decrease the offering of local peso bonds, Acosta indicated in an interview.
  • The exact amount has yet to be finalized, but will be lower than the 37.5 trillion pesos ($7.9 billion) in the government’s 2022 plan, he added.

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