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“Colombia's creditworthiness could be pressured” if low growth persists and high fiscal deficits undermine the government’s push to reduce debt.

Fitch Ratings has affirmed SURA Asset Management’s long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘BBB+’ and the rating outlook is stable. Fitch has also affirmed the rating for Sura Asset Management Finance BV’s guaranteed bonds at...

Colombia’s Finance Ministry (Minhacienda) head Mauricio Cardenas said Tuesday at Bogotá’s Bloomberg Conference that the government will propose a national budget of “Intelligent Austerity”—belt tightening in public sector spending, and supporting private sector growth into a...