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Fin Min Restrepo: BanRep Does Not Have A Defined Rate Path

COLOMBIA

Colombian Finance Minister Restrepo Speaks In Bogota At The Colombia Capital Markets Forum:

  • Sees accelerating growth trend
  • Sees infrastructure, housing, boosting Colombia growth
  • Colombia GDP to grow at good pace despite rate rises
  • Much of Colombia inflation pressure comes from abroad
  • Colombia needs additional fiscal adjustment (All BBG)
  • Colombian tax revenue continues to grow strongly
  • Colombia to cut more import tariffs to ease inflation
  • Colombia cenbank doesn't have a defined rate path
  • Colombia monetary policy normalization to continue (BBG)

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