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Debt Crisis: Petro Proposes to Buy Gold After ‘Rally’
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President Gustavo Petro. Photo: Presidency. President Gustavo Petro rekindled the economic alerts after warning that Colombia is heading for a debt crisis, and hours later stating that his government would order the purchase of gold as an alternative to the dollar. In an extensive trine published in X, the president said that the public debt became unsustainable due to the increase in the primary deficit, a situation that attributed to the rejec…
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