Minutes of a Meeting of the Board of Directors of Banco de la República Held on March 18, 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 March 18, 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. César Vallejo 
  • Mr. Juan Pablo Zárate 

Inflation and the economic situation were discussed with respect to growth and prospects for the future, and decisions on monetary policy were reached. The attached document is a summary of the main topics addressed at the meeting.