Minutes of a Meeting of the Board of Directors of Banco de la República Held on January 31, 2011

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Detailed Explanation of the Macroeconomic Situation (only in Spanish)
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A regular meeting of the Board of Directors of Banco de la República was held in the city of Bogotá on January 31, 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 monetary-policy decisions were reached. The attached document is a summary of the main topics addressed during the meeting.