Colombia’s foreign debt reaches $71.8B

Colombia’s foreign debt stands at $71.89 billion, which represents 21.8% of the country’s GDP, financial publication Portafolio reported Tuesday.

This figure from Colombia’s central bank is correct for July 2011 and shows a 4.3% increase from the previous month.

The public debt rose to $41.86 billion, which is equivalent to 12.7% of the GDP from $39.63 billion in June.

Private debt increased from $29.29 billion in June to $30,02 billion or 9.1% of the GDP in July 2011.

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