Colombia has obtained USD 1.3 bln from multilateral and bilateral lenders to finance its budget deficit and support the peace process. Agreements include two loans from the German state development bank KfW totaling USD 646 mln and an additional USD 663 mln loan, with USD 500 mln from the IADB and the remainder from KfW. Following a fiscal deficit forecast revision to 5.3% of GDP from 4.5%, Colombia plans to issue USD 2.5 bln in external bonds and seek an additional USD 1.7 bln from official lenders to meet its external borrowing requirements for the year.