Colombia 2027 budget: debt service jumps 54.7% to 7.3% of GDP

Colombia's 2027 budget proposal allocates nearly a quarter of spending to debt repayment, with public debt service rising 54.7% to $155.4 trillion (7.3% of GDP) from $100.5 trillion in 2026. This signals deteriorating fiscal health and rising financing costs, likely pressuring Colombian assets and the peso.