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August 2, 2025
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President Petro launches new attack against Banrep for interest rates

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The president says that “the real interest rate has risen to stop economic growth with a political purpose.”

Gustavo Petro, president of Colombia.

Camila Díaz – RCN Radio.

The President of the Republic, Gustavo Petro, He came up again against the Bank of the Republic for not having lowered interest rates, Measure that says seeks to hit the economy.

The Board of Directors has not dropped the real interest rate, which is what matters, as Dr. Leonardo Villar said publicly. The real interest rate has risen to stop economic growth with a political purpose, ”he said.

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Likewise, the Head of State shared a graph in which he assured is evidenced, “The falsehood of what the director of the Bank of the Republic, Leonardo Villar, said.”

Comparative graph.

President Petro

The vertical distance between the green and yellow line is the real interest rate. As you will see, There was a real interest rate, negative that the Bank of the Republic gave Duke. That is why he overheated the economy, “he explained.

“Now the real interest rate is not only positive, but is growing since we begin to govern,” The President said.

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He also recalled that A judgment of the Constitutional Court orders decisions not only for monetary policy, but, contemplating the growth of employment and equity.

“This picture will remain for Colombia’s economic history, and will demonstrate that it is a fallacy to say that the Bank of the Republic is independent,” The president pointed out.

Source: Integrated information system

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