Thu, June 12, 2025
[ Thu, Jun 12th 2025 ]: TechRadar
Many businesses are thinking twice on using AI bots
[ Thu, Jun 12th 2025 ]: Finextra
New data access bill paves the way for evolution of open banking to open finance
[ Thu, Jun 12th 2025 ]: CNN
On the Trump Show, the | CNN Business
[ Thu, Jun 12th 2025 ]: Fortune
From AI to aerospace: Europe's most innovative companies shaping tomorrow
[ Thu, Jun 12th 2025 ]: BBC
Parking changes in Ilkley could 'kill businesses'
Wed, June 11, 2025
[ Wed, Jun 11th 2025 ]: CNBC
Small business accounting: 10 terms you need to know
[ Wed, Jun 11th 2025 ]: ESPN
Can Amtrak's busy Northeast Corridor handle 2026 World Cup?
[ Wed, Jun 11th 2025 ]: Reuters
Brazil's finance minister urges lawmakers to back economic agenda
[ Wed, Jun 11th 2025 ]: MinnPost
New murals will beautify Lake Street and support small businesses
[ Wed, Jun 11th 2025 ]: Impacts
5 Best PDF Remediation Tools Every Finance Team Should Know
[ Wed, Jun 11th 2025 ]: WJZY
Cornelius commissioners unanimously deny Bailey Road business park
[ Wed, Jun 11th 2025 ]: MassLive
Contractors, business owners raise alarm over city's new wetlands ordinance
[ Wed, Jun 11th 2025 ]: Forbes
How Entrepreneurs Can Successfully Apply For Small Business Grants
[ Wed, Jun 11th 2025 ]: WHIO
Busy street closed after rollover crash in Dayton
[ Wed, Jun 11th 2025 ]: CNN
Trump's China 'truce' is nothing of the sort | CNN Business
[ Wed, Jun 11th 2025 ]: Fortune
Starbucks new CEO says betting on mobile, drive through orders was a mistake
[ Wed, Jun 11th 2025 ]: BBC
Hospitality businesses speak of hopes for Spending Review
Tue, June 10, 2025
[ Tue, Jun 10th 2025 ]: WAFF
New Alabama vape law pushes business across state line
[ Tue, Jun 10th 2025 ]: Telegram
City Councilor King agrees to pay $390 to resolve late campaign finance reporting
[ Tue, Jun 10th 2025 ]: WGME
Lawmakers, finance leaders cheer $1,000 'Trump Account' proposal for newborns
[ Tue, Jun 10th 2025 ]: HousingWire
Legacy Group Capital expands consumer financing solutions
[ Tue, Jun 10th 2025 ]: Investopedia
Small Business Owners Say Taxes Are Their Biggest Worry
[ Tue, Jun 10th 2025 ]: Tennessean
SBC updates: Dallas meeting to deal with finances, public policy arm, marriage statement
[ Tue, Jun 10th 2025 ]: WMUR
Planning a party? Check out these unique mobile entertainment businesses in New Hampshire
[ Tue, Jun 10th 2025 ]: Reuters
Vaccine stocks muted as Wall Street takes 'wait and watch' approach after Kennedy's shake-up
[ Tue, Jun 10th 2025 ]: PBS
PBS39 News Reports | BUSINESS PRESSURES IN CARBON CO | Season 2020
[ Tue, Jun 10th 2025 ]: Forbes
Gen Alpha: How Digital Natives Are Redefining Finance And Retail
[ Tue, Jun 10th 2025 ]: CNN
Jon Stewart on the art of distraction | CNN Business
[ Tue, Jun 10th 2025 ]: cnbctv18
L&T Finance completes acquisition of Paul Merchants Finance's gold loan business
[ Tue, Jun 10th 2025 ]: Zawya
Du Pay wins E-payment solution of the year at the Entrepreneur Leaders in E-Business Awards 2025
[ Tue, Jun 10th 2025 ]: BBC
Nottingham Forest news: Fan views on transfer deadline day business
[ Tue, Jun 10th 2025 ]: WHIO
3 new businesses coming to Huber Heights; Neighbors 'feel good' about continued development
[ Tue, Jun 10th 2025 ]: Fortune
Current mortgage rates on March 28, 2025
Mon, June 9, 2025
[ Mon, Jun 09th 2025 ]: Politico
When will Finance produce?
[ Mon, Jun 09th 2025 ]: WSAZ
New businesses opening along U.S. 52
[ Mon, Jun 09th 2025 ]: Futurism
The Washington Post Is Secretly Planning to Start Publishing Articles Created Using AI
[ Mon, Jun 09th 2025 ]: Forbes
Medtronic Announces Intent To Spin Diabetes Business
[ Mon, Jun 09th 2025 ]: CNET
Best Business Checking Accounts
[ Mon, Jun 09th 2025 ]: ThePrint
Business Standard Offers Complimentary Access to the New York Times
[ Mon, Jun 09th 2025 ]: NME
Watch aespa get down to business in the new video for 'Dirty Work'
[ Mon, Jun 09th 2025 ]: BBC
Do you want business on deadline day?
[ Mon, Jun 09th 2025 ]: CNN
Hedge funds could make billions from a Fannie Mae and Freddie Mac spin-off | CNN Business
[ Mon, Jun 09th 2025 ]: Fortune
Activist retail investors take on Korea's corporate laggards
[ Mon, Jun 09th 2025 ]: Artemis
Best of Artemis, week ending June 8th 2025 - Artemis.bm
Sun, June 8, 2025
[ Sun, Jun 08th 2025 ]: Fortune
BYD unleashes an EV industry reckoning that alarms Beijing
[ Sun, Jun 08th 2025 ]: CNN
ABC News suspends Terry Moran after Trump administration condemns 'hater' post | CNN Business
[ Sun, Jun 08th 2025 ]: Variety
Busy New Mexico Draws Productions With Strong Inc .. Crew Development to 'Future-Proof' Local Business
[ Sun, Jun 08th 2025 ]: PBS
NJ Spotlight News | Business Report: Rutgers University strike | Season 2023

Colombia to suspend fiscal rule as public finances worsen, source says

BOGOTA (Reuters) -Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a government source told Reuters on Tuesday, amid deteriorating public finances. The fiscal rule, established in 2011 by Latin America's fourth-largest economy, imposes limits on government spending and debt to ensure the long-term sustainability of public macroeconomic stability. The government's Higher Council for Fiscal Policy (CONFIS) met on Monday and authorized the suspension that will increase the South American nation's fiscal deficit from the government's 5.1% target.
Colombia's government has decided to suspend its fiscal rule for the fourth consecutive year to allow for increased public spending aimed at mitigating the effects of social unrest and the economic fallout from the global health crisis. Finance Minister José Manuel Restrepo announced that the suspension, which will last until the end of 2022, is necessary to continue funding social programs and economic recovery efforts. The fiscal rule, which limits the government's deficit and debt levels, was initially suspended in 2019 due to widespread protests and has been extended annually amidst ongoing economic challenges. This decision comes as the country grapples with high levels of poverty and unemployment, exacerbated by the recent global economic downturn.

Read the Full Reuters Article at:
[ https://www.yahoo.com/news/colombia-suspend-fiscal-rule-public-142752162.html ]