The new tax bill unveiled by Colombia’s government, which aims to raise tax revenues to fund the government’s social programmes and “consolidate the fiscal adjustment” doesn’t change our view that the government’s debt-to-GDP ratio will continue to rise over the coming years. Meanwhile, the July inflation figures show that price pressures across the region remain acute, but central bank’s tightening cycles are still likely to come to an end over the next couple of months.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services