Minhacienda arremetió contra el Banco de la República tras la subida de la tasa de interés al 10,25% en enero

Germán Ávila, ministro de Hacienda. Foto: Ministerio de Hacienda y Crédito Público

Minhacienda arremetió contra el Banco de la República tras la subida de la tasa de interés al 10,25% en enero

TL;DR

  • The Ministry of Finance publicly disagreed with the Banco de la República's 100 basis point interest rate increase.
  • The Ministry believes the rate hike goes against the government's economic growth and redistribution strategy.
  • The government supports lowering interest rates to stimulate production and domestic demand.
  • A decree will be issued to reduce gasoline prices by $500 in February.
  • The Ministry argues the interest rate hike could have inflationary effects by increasing financing costs for production.

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