Tag: Juan Carlos Echeverry

• Tuesday, December 11th 2012 - 18:15 UTC

  Lagarde praises the Colombian economy and its potential support for IMF

  

  The IMF Managing Director Christine Lagarde praised Colombia as a member with the capacity to support the multilateral organization with “funds” and “services”, something which in the past was not possible. Lagarde made the comments after meeting with Colombian president Juan Manuel Santos in Bogotá where she underlined the “magnificent moment” of the Andean country’s economy.

• Wednesday, November 7th 2012 - 04:34 UTC

  Ex Mexican finance minister named IMF Western Hemisphere director

  

  Mexican economist Alejandro Werner was named on Tuesday to the position of IMF Director, Western Hemisphere Department. His appointment will become effective early in January 2013. Mr. Werner succeeds Mr. Nicolas Eyzáguirre, who resigned effective July 26, 2012.

• Saturday, October 20th 2012 - 05:44 UTC

  Argentina and Colombia dispute place as second largest South American economy

  

  Argentine Economy minister Hernan Lorenzino struck back at Colombia’s claim that it has overtaken his country to become South America’s second largest economy behind Brazil.

• Saturday, September 1st 2012 - 06:20 UTC

  Colombia GDP overtakes Argentina’s, “a dream come true” says Finance minister

  

  Colombia’s outgoing Finance minister Juan Carlos Echeverry said on Friday that the country’s GDP overtook Argentina’s thus making Colombia’s economy the second largest of South America and third of Latinamerica, behind Brazil and Mexico.

• Friday, August 24th 2012 - 05:15 UTC

  Colombia changes Finance minister but confirms open-economy business friendly policy

  

  Colombian President Juan Manuel Santos moved Energy Minister Mauricio Cardenas to head the finance post on Thursday in a surprise move. At the midpoint of his four-year term, Santos asked all 16 ministers to resign, including Finance Minister Juan Carlos Echeverry, and set the stage for a cabinet shuffle aimed at shoring up his slumping approval ratings.

• Wednesday, January 18th 2012 - 16:46 UTC

  Uruguay’s economy minister, second best in the region for two years running

  

  The Economy ministers from Colombia, Uruguay and Peru have been rated as the best in Latin America according to the financial magazine America Economica, a publication from the Chilean company Nanbei which does the annual survey based on interviews with 70 Latin American economists.

• Saturday, August 6th 2011 - 08:21 UTC

  Unasur ready for potential balance of payments deficit caused by the North’s crisis

  

  The Union of South American nations (Unasur), meeting in Peru Friday the region is well-positioned to withstand a sharper global downturn but want to insulate their economies further from a crisis of confidence they blame on Europe and the United States.

• Monday, March 28th 2011 - 01:03 UTC

  IMF recommends ending fiscal stimulus before turning to capital controls

  

  Latin American policy makers should withdraw fiscal and monetary stimulus to prevent their economies from overheating before turning to capital controls to limit foreign currency inflows, said Nicolas Eyzaguirre, the International Monetary Fund Western Hemisphere director.

• Thursday, November 4th 2010 - 02:09 UTC

  Colombia takes measures to stem appreciation of the local currency

  

  Colombia’s government and central bank announced new measures to stem a rally in the peso after President Juan Manuel Santos expressed concern its appreciation is hurting exporters and job growth.