Banco de la República’s policy interest rate is currently 9.25%. The policy interest rate serves as the benchmark that the Bank…
Blog BanRep
Blog BanRep: Financial and Real Impacts of the Wealth Tax on SMEs
Tax authorities in both advanced and emerging economies have resorted to tax wealth as a tool to increase tax revenues, replace other taxes,…
Blog BanRep: Potential Drivers of Private Consumption
The Colombian economy has been increasing its growth pace over the past quarters in response to the strengthening of domestic demand, which…
Blog BanRep: How have Hard-Discount Stores transformed local Economies?
Hard-discount stores are a retail innovation that has brought significant changes to Colombia’s commercial landscape. Operating under well-known…
Blog BanRep: Long-term effects of the Familias en Acción (Families in Action) program in Colombia
A recent research paper by Carlos Medina and Christian Posso, senior economists at Banco de la República (the Central Bank of Colombia),…
