Minutes of the Banco de la Republica Board of Director’s meeting on July 29, 2011

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Detailed Explanation of the Macroeconomic Situation (only in Spanish)
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A regular meeting of Banco de la República’s Board of Directors was held in the city of Bogotá on July 29, 2011. 

Present: 

  • Mr. Juan Carlos Echeverry, Minister of Finance and Public Credit 
  • Mr. José Darío Uribe, Governor, Banco de la República 

Full-time Board Members in Attendance: 

  • Mr. Carlos Gustavo Cano 
  • Mr. Juan José Echavarría 
  • Mr. Fernando Tenjo 
  • Mr. Cesar Vallejo 

The inflationary and economic growth situations as well as the outlook for both were discussed and decisions were made in relation to monetary policy. 

The attached document is a summary of the main topics dealt with in this meeting.