Minutes of a Meeting of the Board of Directors of the Central Bank of Colombia on October 24, 2008

Minutes
Detailed Explanation of the Macroeconomic Situation (only in Spanish)
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A regular meeting of the Board of Directors of the Central Bank of Colombia was held in the city of Bogotá on October 24, 2008.

Present: 

  • Mr. Óscar Iván Zuluaga, Minister of Finance and Public Credit 
  • Mr. José Darío Uribe, Governor, Central Bank of Colombia 

Permanent Board Members: 

  • Mr. Carlos Gustavo Cano 
  • Mr. Juan José Echavarría 
  • Mr. Juan Mario Laserna 
  • Mr. Fernando Tenjo 
  • Mr. Leonardo Villar 

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