Colombia Downgraded by S&P Ratings Amid Growing Fiscal Concerns
Colombia’s credit score was downgraded by S&P Global Ratings for the second time in less than a year on concerns over a persistently large fiscal deficit and high debt burden.
The Colombian Congress in Bogota, Colombia, on Monday, March 30, 2026. Colombia's central bank will likely deliver a second straight 100bps rate hike to push the benchmark up to 11.25%.