Colombia President‑elect De la Espriella meets central bank to reassure markets

Incoming President Abelardo De la Espriella held a closed‑door meeting with the Board of the Banco de la República to set a macro‑economic coordination framework for the next four years. The dialogue stressed respect for the central bank’s independence, continued fiscal discipline, and regular communication to signal stability to investors.

Key issues discussed included the high public‑debt profile, with the government favouring a debt‑reprofiling strategy rather than renegotiation, and the need to keep inflation around the 3 % target while the policy rate remained at about 12 %. Both sides agreed that any future interest‑rate cuts would depend on inflation trends, aiming to balance price stability with economic growth. The meeting was presented as a signal of confidence for national and international markets amid a challenging fiscal environment and a politically tense transition.