The Public Credit Directorate of the Ministry of Finance updated the figures of the total gross debt of the Central National Government, which at the end of 2022 stood at 64.1% of GDP and totaled $872.7 trillion.
(Also read: This is the strategy of the Ministry of Finance with bonds.)
Of that amount, 58.1% ($507.2 trillion) corresponds to the nation’s internal debt, while the remaining 41.9%, equivalent to $365.4 trillion, refers to the external debt balance.
(Also read: IDB asks Latin countries for solutions to reduce public debt)
Expressed in dollars, Total gross debt at the end of 2022 was US$181,436 millionwith US$105,458 million in internal debt and US$75,978 million in relation to the Nation’s external debt.
According to the gross debt figures, 58.9% is expressed in local currencywhile 41.1% is in foreign currency.
(Also read: Debt: Colombia pays the same risk as countries with the worst rating.)
The sources of these commitments correspond mostly to long-term TES, which are 51.6% of the total amount, followed by external bonds (19.9%) and also by loans from entities such as the Inter-American Development Bank (IDB). , the International Bank for Reconstruction and Development (Birf) and the Development Bank of Latin America (CAF).
LAURA LUCIA BECERRA ELEJALDE
Portfolio Journalist.
