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Colombia’s foreign debt reaches 53% of the country’s GDP

RIO DE JANEIRO, BRAZIL - According to statistics from Banco de la República, up to October, the country's public and private external debt reached US$167.2 billion, which meant an increase of 13.3% over the figure recorded at the close of the same month of 2020, when it was US$147.6 billion, i.e., it increased US$19.6 billion.

Public debt accounted for 59.8% of the total, totaling US$100 billion in October. Of this amount, short-term debt was US$820 million, and long-term debt was US$99.2 billion.

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