• Maeve@kbin.earth
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    8 hours ago

    This week, Finance Minister German Avila reported on the repayment of the debt at an economic forum convened by the executive branch. “The total debt with the IMF has been paid, incurred under the Duque administration, and repaid in a very short period. This means that Colombia is no longer subject to the onerous conditions that the IMF imposes on debtor countries,” the minister said, in a remark that was later echoed by President Petro on social media.

  • HiddenLayer555@lemmy.ml
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    7 hours ago

    Gonna assume it’s like the Mafia where you never truly “pay off” your debt even when the required amount of money is transferred.