Luis Fernando Mejía anticipa alza en tasas de interés del Banco de la República para 2026: “subirán al menos en tres ocasiones”

TL;DR

Luis Fernando Mejía is leaving Fedesarrollo after seven years to start his own economic and strategic consulting firm.
Mejía criticizes the current government's economic policies, stating that growth is unsustainable and driven by public spending and consumption.
He highlights a significant drop in investment and a high fiscal deficit as major challenges.
Mejía proposes a fiscal adjustment including a cut in public spending and tax reforms aimed at expanding the tax base and reducing corporate income tax rates.
He believes the pension reform is a significant advancement, but criticizes the labor and health reforms for increasing informality and employment costs.
The increase in the minimum wage is seen as a contributing factor to informality and inflation.
Mejía anticipates further interest rate hikes by the Banco de la República due to persistent inflation and fiscal deficits.
He rates the government's economic performance as 2 out of 5, specifically in fiscal and investment matters.
Fedesarrollo projects economic growth of 2.9% for 2026, citing low investment as a primary constraint.
Mejía states he will not return to government in the short term, focusing on his new consulting venture.

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