May 24, 2024 14:42 GMT
President Petro Threatens To Declare Economic Emergency If Debt Ceiling Isn't Raised
COLOMBIA
- President Petro has commented on X that if congress doesn't agree to raise the debt ceiling, “there will simply either be a halting of payments or I’ll have to declare an economic emergency. I won’t hesitate to do that.”
- Congress is currently discussing a government bill to increase the country’s debt ceiling by $17.6 billion.
- Petro threatens to declare emergency over Colombia debt ceiling.
- Petro calls on Colombian lawmakers to lift debt ceiling.
- Colombia may halt payments if debt limit not raised: Petro (BBG)
80 words