Summary continued - Chile Pension Withdrawal, BanRep Minutes, Soy Strike Extended

CHILE - Chile's Constitutional Court ruled that a bill presented by opposition legislators to allow a second withdrawal from pension fund accounts is unconstitutional. For reference, A ruling declaring the bill unconstitutional will stop a third withdrawal from pension funds, Finance Minister Ignacio Briones said in an interview with La Tercera.

COLOMBIA - BanRep Minutes

• Majority of board members that voted to hold rates argued that "despite low measures of inflation, the recent decline and the prospect of a further reduction in the short term would begin to reverse in the second quarter of 2021"
• The two members who argued for a cut said "recent data has shown surprisingly low inflation, allowing for the expectation of a lower inflation trajectory on the policy horizon"

PERU - Peru's political parties have until today to register presidential and congress candidates for the April 2021 election.