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.

Related posts

Colombia’s Senate agrees to begin decentralizing government

Colombia’s truckers agree to lift blockades after deal with government

Truckers shut down parts of Colombia over fuel price hikes