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Carrasquilla on the wires:
- Colombia Govt to present tax bill early 2021.
- Colombia's economy to recover in V-SHAPE.
- Sees Colombia 2020 annual inflation at 1.5%.
- Expects Colombia pension reform approval in 2021. (All bbg)
For reference BanRep Decision due out tomorrow evening. This will be Echavarria's final meeting as Governor. International Monetary Fund official Leonardo Villar will take up the post of Central Bank Governor from Jan. 3.
*Of the 17 analysts surveyed, all expect an unchanged decision and the overnight lending rate to be held at 1.75%. The new neutral forward guidance signals the maintenance of the policy rate in the near term, and it is expected that the MPC will maintain its view despite the recent downside inflation surprises.