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Colombian Bonds Plummet as IMF Halts $8.1B Credit

5/2/2025

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Summary

Story summary

Colombian bonds took a hit as the IMF halted an $8.1 billion credit line, sparking fears over the nation's escalating budget deficit. In a fiery response on X, President Gustavo Petro warned, “the vampires are coming, but the vampires disappear before the sun,” alluding to IMF chief Kristalina Georgieva.

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Story summary

Colombian bonds took a hit as the IMF halted an $8.1 billion credit line, sparking fears over the nation's escalating budget deficit. In a fiery response on X, President Gustavo Petro warned, “the vampires are coming, but the vampires disappear before the sun,” alluding to IMF chief Kristalina Georgieva.