During the ceremony, President Iván Duque said that Minister Restrepo has great challenges, such as getting the Colombian economy to grow 5% this year, stabilizing public finances, and implementing the most comprehensive austerity plan in the country’s history.
President Iván Duque inaugurated José Manuel Restrepo as the new Finance Minister on Tuesday in a formal ceremony, a position he has been holding after the resignation of Alberto Carrasquilla, who resigned arguing that his departure could facilitate consensus on the drafting of the new reform. tax.
“We have José Manuel Restrepo as Minister of Finance, who carried out a great task as Minister of Commerce. A great professional, an expert in economics, with extensive experience in academia as rector of the College of Higher Studies in Administration (CESA) and the Universidad del Rosario, and the author of a large number of pedagogical documents “, wrote the president in his account of Twitter
We own @jrestrp as @MinHacienda, who developed a great task as @MincomercioCo. A great professional, an expert in economics, with extensive experience in academia as rector of @CESA_edu and @URosario, and author of a large number of pedagogical documents. (1/2) pic.twitter.com/pGJb4WPQ7m
– Iván Duque 🇨🇴 (@IvanDuque) May 19, 2021
The president added that Restrepo has great challenges, “among them, achieving a 5% growth this year, stabilizing public finances, implementing the most comprehensive austerity plan in the country’s history, and guaranteeing resources to maintain protection for the most vulnerable and Young”.
It may interest you: José Manuel Restrepo is appointed as the new Minister of Finance
For his part, José Manuel Restrepo thanked Duque for his trust. “From the Ministry of Finance we will serve the country to carry out the economic reactivation, the great social transformations that Colombians demand and the stabilization of public finances,” trilled the new portfolio chief.
Restrepo had been serving as Minister of Commerce, Industry and Tourism. He is recognized for leading the approval of the entrepreneurship law, an initiative that seeks to establish clear rules to promote the generation of new businesses and the consolidation of micro, small and medium-sized enterprises (MSMEs).
Restrepo arrives at one of the hardest moments of the Colombian economy, which needs to approve a tax reform that allows both guaranteeing resources for social programs (such as Solidarity Income), and cleaning up the nation’s finances.
The new Minister of Finance is an economist and specialist in Finance from the Universidad del Rosario, with a Master’s degree in Economics from the ‘London School of Economics’; He is a specialist in Senior Management from INALDE and a PhD in Management of Institutions of Higher Education at the University of Bath.
Restrepo served as manager of Financial Planning and Budget of FONADE and belonged to the Institutional Chamber of the National Council for Quality Assurance of Higher Education of the Ministry of National Education. He has also served as a business consultant, as well as an advisor on quality issues and accreditation of higher education institutions.
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