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Fitch Pushes Colombia Further Into Junk Citing Fiscal Deficits

Summary by Bloomberg
Fitch Ratings downgraded Colombia’s credit rating one notch deeper into junk territory, citing persistently large budget deficits that will add to the nation’s debt load.

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Fitch cuts credit rating from Colombia to BB due to high fiscal deficits Agencia Period... Mar, 16/12/2025 - 19:52 The agency warned that debt will continue to increase in the medium term and warned about the lack of a credible fiscal anchor Tags Companies

The qualifier warned that the absence of a credible fiscal anchor compromises the prospects for fiscal consolidation, even after elections

·Bogotá, Colombia
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The agency highlighted that Colombia's ratings are backed by a record of preserving macroeconomic and financial stability despite several crises, partly thanks to the independence of the central bank.

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  • 100% of the sources lean Left
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Bloomberg Linea broke the news in on Tuesday, December 16, 2025.
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