MinHacienda: "There are economies with debt levels much higher than Colombia"

Germán Ávila, Minister of Finance of Colombia, said it is key to increase tax revenues. Photo: Asofondos The Minister of Finance, Germán Ávila, said that there are economies with debt levels much higher than Colombia and are stable, as a response to the figures that the country currently has. According to the forecast of the official, the net debt would stabilize at about 60% of GDP. Yes, he acknowledged that this level “is not the ideal, but we…