Leading Colombian presidential candidate plans central bank reform

Gustavo Petro claims current government has captured the board of directors

colombia

The leading candidate in Colombia’s upcoming presidential election has called for a reform of the management of the central bank to include representatives of “productive organisations”.

Gustavo Petro, a former mayor of Bogotá, said on February 18 that the current board of the Central Bank of Colombia – widely known as the Bank of the Republic – “belongs to” the current president’s party.

Speaking at a debate, Petro, currently a senator, claimed that “the board of directors of the bank belongs

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