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Historic Vote To Legalise Abortion, BanRep Approval Rating Falls

COLOMBIA
  • Colombian President Ivan Duque said he calls “respectfully” on the central bank to watch how high it will raise interest rates so as to not hurt economic growth.
    • Asked about presidential candidate Gustavo Petro’s claim that the central bank belongs to the government’s political party, Duque said most of the appointments made in his administration have been due to resignations and were in line with the Constitution. (BBG)
  • Separately, Colombia’s central bank saw its approval rating fall to a record low in a poll that comes as inflation surges at more than double the target rate and policy makers prepare fresh interest rate hikes.
    • Only 36% of respondents view the central bank favorably, the lowest level since records began in 2015, according to a Datexco public opinion survey published by W Radio on Monday. Meanwhile, the disapproval rating rose to 51%.
  • *(Dow Jones) The highest court in Colombia decriminalized abortion up to the 24th week of pregnancy, making the country the third large country in Latin American to lift stringent restrictions on the procedure in a little more than a year.
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