INSUBCONTINENT EXCLUSIVE:
Monetary Fund (IMF).He seeks a pivotal meeting with IMF Director Kristalina Georgieva, aiming to ease the conditions tied to a significant
loan taken during the 2020 pandemic.Despite support from his finance team, including Minister Ricardo Bonilla and U.S
Ambassador Luis Gilberto Murillo, the initiative faces strong opposition from former economic officials.Petro emphasized the need to adjust
the repayment structure to free up funds for crucial investments.Bonilla underscored the importance of upcoming IMF meetings to advocate for
since 2009, Colombia has benefited from a flexible credit line due to its robust macroeconomic practices.Ocampo cautions that renegotiating
adds to the criticism by arguing that reprogramming is typically for countries in severe economic crises.He emphasizes that Colombia does
rise in 2023 and 2024, comparing it to pandemic levels and predicting a national debt increase from 53% to 57% of GDP.He contends that this
governance, emphasizing the tension between strategic adjustments and fiscal responsibility.
