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The Economic Times
The Economic Times
National

Colombia seeks IMF financing as government grapples with fiscal crisis: Report

The Colombian government has held a series of technical advance discussions with officials from the International Monetary Fund (IMF) over the past several weeks, particularly about securing financing, in an effort to reach a potential agreement that could help restore order to the South American country's finances, three sources with knowledge of the matter told Reuters on Monday.

Colombian President Abelardo De La Espriella said late on Sunday that he had instructed his economic team to hold talks with the IMF to seek a way out of the fiscal crisis.

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