Share

COA Hosts Finance Leaders on the Sidelines of the 2025 World Bank and IMF Spring Meetings

Public-sector officials from Peru and Uruguay visited Council of the Americas in Washington, DC to discuss economic and trade conditions.

On the sidelines of the 2025 Spring Meetings of the World Bank Group and the International Monetary Fund (IMF), held from April 21 to 26, COA hosted public-sector finance officials from Latin America for private meetings in Washington, DC. In conversations with COA members, the authorities discussed their countries' approaches to maintaining fiscal and macroeconomic stability and promoting a favorable trade and investment climate amid global economic uncertainty.

Images by Jorge Merino.

Gabriel Oddone, Economy and Finance Minister, Uruguay

On April 22, COA welcomed Economy and Finance Minister Gabriel Oddone of Uruguay.

The conversation with COA members offered valuable insights into Uruguay’s current economic outlook and the government’s approach to maintaining fiscal discipline. Minister Oddone also highlighted key initiatives aimed at strengthening the country’s investment climate and improving competitiveness.

Gabriel Oddone

Julio Velarde, President of the Central Reserve Bank, Peru

On April 23, COA hosted a private roundtable with Julio Velarde, president of the Central Reserve Bank of Peru, to discuss Peru’s economic outlook amid global uncertainty.

Velarde offered insights on the country’s macroeconomic stability, the evolving inflation landscape, and the implications of shifting global trade dynamics, particularly in the context of tariffs. He also addressed projections for poverty reduction in 2025 in Peru and the impact of the upcoming presidential election on the broader economy.

Julio Velarde

Related

graph
IMF’s April 2025 Update: Latin America’s Economic Outlook

The region’s growth is expected to slow down compared to previous predictions, in line with the global forecast.

The President Who Almost Wasn’t

Guatemala’s Bernardo Arévalo was nearly prevented from taking office. Now, can his drive to reform the country succeed?

Explore