Colombia finance ministry says has no information as media reports minister to leave


  • World
  • Tuesday, 18 Mar 2025

Diego Guevara, Colombian Minister of Finance and Public Credit, speaks during a press conference at the Central Bank of Colombia in Bogota, Colombia, January 31, 2025. REUTERS/Luisa Gonzalez/File Photo

BOGOTA (Reuters) -Colombia's Finance Minister, Diego Guevara, is set to leave his role amid disagreements with President Gustavo Petro, local radio station Caracol reported on Tuesday, though the finance ministry said it had no information to that effect.

The finance ministry said in a statement that "at this time it does not have official information about the reported situation," but that it would communicate official news.

Guevara has been in his role just over three months, after previously serving as finance vice minister.

A source from the presidential palace said Petro - who recently replaced 12 of his top ministers - and Guevara disagreed over budget cuts and Guevara resigned on Monday night.

A source from Petro's office said, however, they did not have confirmation of the change and Guevara was still actinginhisrole.

The Colombian peso was down 1.38% in early trades, falling to 4,130 per dollar.

Caracol also reported that Guevara would be replaced by Grupo Bicentenario head German Avila Plazas.

(Reporting by Carlos Vargas and Luis Jaime Acosta, Writing by Julia Symmes Cobb and Gabriel Araujo, Editing by Andrew Heavens and Tomasz Janowski)

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