Public Debt
Ministry of Finance auctions TES worth 450 billion pesos
An Ruwaito ta hanyar AI Hoton da AI ya samar
The Ministry of Finance held an auction of Treasury Titles (TES) worth 450 billion pesos, denominated in Real Value Units (UVR), maturing in 2031, 2041, 2055, and 2062. The Comptroller General backed the operation, confirming its legality and that it does not create new debt, while President Gustavo Petro defended the move to manage government liquidity.
Former CDU general secretary Mario Czaja has urged party MPs to challenge the federal budget via an organstreitsverfahren at the Federal Constitutional Court, citing the misuse of the special infrastructure and climate fund—echoing earlier Greens criticism. Institutes like the Ifo warn funds are plugging budget holes instead of investing.
An Ruwaito ta hanyar AI
Rating agency Fitch Ratings has decided to maintain France's sovereign debt rating at A+ with a stable outlook, despite ongoing budgetary challenges. This decision comes amid global instability from the war in Iran. Economy Minister Roland Lescure welcomed the announcement as recognition of the government's efforts.