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BanRep Expected To Hike By 150Bps, Gutierrez Names Running Mate

COLOMBIA
  • BanRep will meet on Thursday, March 31, and are widely expected to hike the overnight lending rate to 5.50%. The full MNI preview will be published on Wednesday.
  • Colombia President Ivan Duque said that errors seen in recent congressional elections need fixing before presidential elections are held May 29, according to an interview published in El Tiempo newspaper.
    • Duque says it’s “urgent” that the national electoral council and the civil registry, also involved in elections, take measures to resolve the many errors made: Tiempo
  • Colombian presidential candidate Federico Gutierrez named Rodrigo Lara Sanchez, a surgeon, as his running mate Sunday.
    • Lara was mayor of the provincial city of Neiva in southern Colombia from 2016 to 2019.

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