Episode Details

Colombias Constitutional Court orders Petros government to return funds collected under an unconstitutional economic emergency, aiming to cover this years budget. The emergency, which raised taxes and imposed special hits on various sectors, has already gathered over four hundred sixty-seven million dollars. The ruling comes as Petros team faces stalled fiscal reforms and a cash-strapped administration, with public reaction mixed. Colombias worsening finances, including a hike in the deficit target, add pressure on Petro to stabilize the books without further court drama or legislative fights, setting the stage for a tense fiscal showdown ahead.

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