Recurrent concerns over debt sustainability in emerging and developed nations have prompted renewed debate on the role of fiscal rules. Their optimality, however, remains unclear. We provide a ...

Colombia is considering increasing its debt by several billion dollars to address a larger fiscal deficit. The government ...

A government source told Reuters on Tuesday that Colombia's government has officially approved the use of an "escape clause" ...

Colombia's government has authorized the use of an "escape clause" to temporarily suspend compliance with its fiscal rule, a ...