Minutas en Inglés - Inter-American Development Bank

MEETING REPORT
R EGIONAL P OLICY DIALOGUE M EETING ON
Tegucigalpa. March 3-5 2011
I.
BACKGROUND/ISSUE
1.1 The Central American chapter of the Chief Economists network joins forces annually with
CID to organize the Meetings of Central American IADB Governors, held at different
locations throughout Central America. The meeting brings together Finance Ministers and
Central Bank Presidents from all Central American countries and the Dominican Republic, as
well as technical experts and IDB Staff, and it represents a forum of discussion on
macroeconomic prospects and vulnerabilities, as well as other key sectoral topics of interest.
1.2 Many other macroeconomic policy forums tend to concentrate on bigger Latin American
economies, whereas this forum narrows down the analysis to Central American countries,
which represent a group of particular interest to the IDB given the relevance of the Bank’s
share in these countries portfolios. The fact that authorities at the highest level are brought
together by this Governors meeting represents a unique opportunity for macroeconomic
dialogue and an excellent instance to convey policy recommendations.
II.
PARTICIPANTS
2.1
Participants at the 2011 Central American Meeting of the Chief Economists Network included
Finance Ministers and/or Central Bank Presidents from all Central American countries and the
Dominican Republic, as well as their advisors and other technical staff. IDB staff included
President Moreno, VPS President Santiago Levy, CID Manager Gina Montiel, country
Resident Representatives, as well as technical staff from RES and CID. About 70 participants
attended the meeting. A list of registered participants is provided in Annex 1.
III.
AGENDA
3.1
This year the macroeconomic aspects covered by the meeting dwelled on the new global
economic order that has emerged in the aftermath of the global financial crisis and its impact
on Central America. As analyzed by RES, this new scenario has split Latin America into two
groups, one composed of commodity exporters with increasing links to fast growing regions
such as Asia, and another, composed of commodity importers with tight links to industrial
countries. Central America is part of the second group and, as such, faces important
challenges ahead given that commodity prices are likely to remain high, and industrial
countries are facing a sluggish recovery. This analysis, together with an associated set of
policy recommendations were discussed with Ministers and their staff. An agenda of the
event is presented in Annex 2.
IV.
RESULTS
4.1 The analysis presented at the meeting was instrumental for discussion on which policies should be
implemented to address the abovementioned challenges. In particular, issues of lower post-global
crisis growth were addressed, and policy options were discussed. The fact that current account
deficits are widening in a context of higher commodity import prices, while foreign direct
investment (a source of financing of this deficit) is decreasing and is being replaced by volatile
financial flows, led to a discussion on the vulnerabilities that this situation generates, as well as
policies that need to be tackled to contain their impact.
4.2 In this respect, particular interest was shown by the Central Bank of Guatemala, which requested
a presentation of this material to their Monetary Council, comprised of the Vice-Presdient of
Guatemala, ministry of finance and Central Bank Staff (including the Finance Minister and the
Vice-President of the Central Bank) as well as businessmen representing the industrial sector.
The meeting was held in Guatemala city in April of 2011.
V.
EVALUATION OF THE EVENT
5.1 Standard evaluation of the event could not be conducted at the time, given that this meeting took
place in the context of a bigger event, namely the XXV meeting of Governors of the Central
American Isthmus and the Dominican Republic, and it was problematic to ask participants to
evaluate only a portion of the event.
VI.
NEXT STEPS
6.1 The Central American chapter of the Chief Economists Network will continue its joint
collaboration with CID by organizing the 2012 Meeting of Central American Governors.
Annex 1 - List of Participants
DELEGACIONES
Belice
Alfredo Martínez, Embajador en Guatemala
Yvonne Sharman Hyde, Chief Executive Officer. Ministry of Economic Development
Costa Rica
Juan Carlos Pacheco, Viceministro de Inversión Pública
El Salvador
Carlos Enrique Cáceres, Ministro de Hacienda
Guatemala
Edgar Barquín Durán, Presidente Banco de Guatemala
Mayra Palencia Prado, Directora de Crédito Público/ MFP
Sergio Francisco Recinos, Gerente Financiero Banco de Guatemala
Donald Eduardo Cuevas, Director de Análisis y Evaluación Fiscal
Oscar Funes, Asesor Superintendente de Administración Tributaria
Honduras
William Chong Wong, Ministro de Finanzas
María Elena Mondragón, Presidenta del Banco Central de Honduras
María Antonieta Guillén de Bográn, Designada Presidencial y Ministra de la Presidencia
Vilma Morales, Presidenta Comisión Nacional de Bancos y Seguros
Arturo Corrales, Secretario Técnico en el Despacho Planificación y Cooperación Externa
José Oswaldo Guillén, Director de la Dirección Ejecutiva de Ingresos
Evelyn Bautista, Viceministra de Crédito e Inversión Pública
Mauro Membreño, Comisionado Presidencial Modernización del Estado
Orfidia Pastora, Directora General de Crédito Público
Jackeline Molina, Directora General de Inversión Pública
Martín Portillo, Enlace SEFIN con el BID
Orlando Garner, Asesor SEFIN
Nicaragua
Alberto José Guevara Obregón, Ministro de Hacienda y Crédito Público
Ana Matilde García, Jefe Despacho Ministro de Hacienda y Crédito Público
Alvaro Peralta, Coordinador Proyectos BID, Ministerio de Hacienda y Crédito Público
Marling Rodríguez, Enlace con el BID, Ministerio de Hacienda y Crédito Público
Panamá
Alberto Vallarino Cléments, Ministro de Economía y Finanzas
Dulcidio De la Guardia, Viceministro de Finanzas
República Dominicana
Nelson Toca, Viceministro de Planificación
DIRECTORES EJECUTIVOS
Manuel Coronel, Director Ejecutivo por Centro América y Belice
Muriel Alfonseca, Directora Ejecutiva Alterna por República Dominicana y México
Antonio De Roux, Director Ejecutivo Alterno por Panamá y Venezuela
Carmen María Madríz, Directora Ejecutiva Alterna por Centroamérica y Belice
Tomás Rosada, Consejero Principal por Centro América y Belice
Mauricio Silva, Consejero por Centro América y Belice
Marlon Tabora, Consejero por Centro América y Belice
Elvira Méndez, Asistente Directorio EXD
ADMINISTRACIÓN BID
Luis Alberto Moreno, Presidente BID
Julie Katzman, Vicepresidenta Ejecutiva
Roberto Vellutini, Vicepresidente VPC/VPC
Santiago Levy, Vicepresidente VPS/VPS
Steven Puig, Vicepresidente VPP/VPP
German Quintana, Secretario del Banco SEC/SEC
Luis Estanislao Echebarria, Gerente SPD/SPD
Gina Montiel, Gerente CID/CID
Alexandre Rosa, Gerente INE/INE
Jacques Rogozinski, Gerente GEN/OGM (CII)
Antoni Estevadeordal, Gerente INT/INT
Luis Giorgio, Jefe de Gabinete de la Oficina de Presidencia BID
Fernando Jiménez-Ontiveros, Subgerente MIF/MIF
Juan Pablo Bonilla, Asesor Senior EVP
Ma. Claudia Gómez, Asesora Ejecutiva del Presidente BID
Alejandro Izquierdo, Economista Principal CID/REA
Caroline Clarke, Representante CID/CBL
Fernando Quevedo, Representante CID/CCR
Rodrigo Parot, Representante CID/CES
Juan José Taccone, Representante CID/CGU
Miguel Manzi, Representante CID/CHO
Ellis Juan, Representante CID/CME
Mirna Lievano de Márques, Representante CID/CNI
Marcelo Antinori, Representante CID/CPN
Manuel Labrado, Representante CID/CDR
Dana Martin, Asesor Senior OMJ/OMJ
Pablo Bachelet, Jefe de Prensa
Javier Bartoli, Jefe de Protocolo PRO
Osmel Manzano, Economista Regional CID/CID
Hector Morena, Coordinador de País para Honduras CID/CID
Gustavo Beliz, Especialista Lider en Modernización del Estado
Nathalie Alvarado, Especialista Lider en Modernización del Estado
Alberto Barreix, Especialista Fiscal Principal
Anaí Herrera, Front desk Gerencia CID/CID
Aída Gómez, Front desk Gerencia CID/CID
Irasema Infante, Proyecto Mesoamérica
Ennio Rodríguez, Proyecto Mesoamérica
Angela Funez, Prensa
Carmen Alvarez, Especialista OMJ CID/CES
Jorge Roldán, Oficial Inversiones CII
Rebeca Tagle, Oficial Inversiones CII
Annex 2 - Agenda
XXV REUNIÓN DE GOBERNADORES DEL
ISTMO CENTROAMERICANO Y REPÚBLICA DOMINICANA
Hotel Intercontinental
Tegucigalpa, Honduras
Jueves 3 y Viernes 4 de marzo de 2011
Miércoles 2 de Marzo
8:00 pm
Recepción de Bienvenida ofrecida por
Gina Montiel, Gerente General del Departamento de Países CID del BID
“El Trapiche”, Tegucigalpa
Jueves 3 de Marzo
7:45 am –9:00 am
Desayuno privado de los Gobernadores y Directores Ejecutivos
Hotel Intercontinental
9:00 am–9:10 am
Ingreso del Señor Presidente de la República
9:10 am–9:15 am
Himno Nacional de Honduras
INAUGURACION DEL EVENTO
9:15 am–9:30 am
Bienvenida
Luis Alberto Moreno, Presidente del BID
9:30 am–10:00 am
Inauguración
Porfirio Lobo Sosa, Presidente de la República de Honduras
10:00 am
Retiro del Señor Presidente de la República
10:00 am–10:15 am Café
10:15 am–10:30 am
Palabras de Apertura
William Chong Wong, Ministro de Finanzas y Gobernador por Honduras ante el
BID
10:30 am–11:30 am
El Istmo Centroamericano y la República Dominicana: Oportunidades y
Perspectivas.
Santiago Levy, Vicepresidente de Sectores y Conocimiento del BID
Alejandro Izquierdo, Asesor Económico Regional para CID del BID
11:30 am–12:15 pm
Discusión General
12:30 pm–2:00 pm
Almuerzo
“Instrumentos para la Participación del Sector Privado”
Key Note Speakers:
Steven Puig, Vicepresidente del Sector Privado y Operaciones sin Garantía
Soberana del BID
Jacques Rogozinski, Gerente General de la Corporación Interamericana de
Inversiones
Hotel Intercontinental
2:00 pm–3:00 pm
De frente a Calgary: la visión desde el Istmo Centroamericano y República
Dominicana
Luis Giorgio, Jefe de Gabinete del Presidente del BID;
Koldo Echebarría, Gerente de la Oficina de Planeamiento Estratégico y
Efectividad en el Desarrollo del BID
3:00 pm–4:00 pm
Discusión General
4:00 pm-4:15 pm
Café
4:15 pm-4:45 pm
Las reformas fiscales en la región: experiencias, lecciones aprendidas y los
próximos pasos.
Alberto Barreix, Especialista Fiscal Principal de BID
4:45 pm- 5:30 pm
Discusión General
5:30 pm–7:30 pm
Reuniones Bilaterales
5.30 pm-6-00 pm
6:00 pm–6:30 pm
6:30 pm–7:00 pm
7:00 pm-7:30 pm
Belice
Costa Rica
Guatemala
Panamá
7:30 pm–7:45 pm
Traslado hacia Cena Oficial (salida del lobby del hotel)
8:00 pm
Cena Oficial ofrecida por
Porfirio Lobo Sosa. Presidente de la República
Casa Presidencial
Foto Oficial
Viernes 4 de Marzo
7:30 am-9:00 am
Continuación Reuniones Bilaterales
7:30 am-8:00 am
8:00 am-8:30 am
8:30 am-9:00 am
Nicaragua
República Dominicana
El Salvador
9:00 am–11: 00 am
Agenda de la Integración del Istmo Centroamericano y República Dominicana:
iniciativas e instrumentos clave.
9:00 am – 9:40 am
Instrumentos para Apoyar la Integración Regional
Antoni Estevadeordal, Gerente del Departamento de Integración del BID
Discusión
9:40 am – 10:20 am
La Estrategia de Seguridad.
Nathalie Alvarado, Especialista Líder en Modernización del Estado del BID
Discusión
10:20 am -11:00 am
Financiamiento de la Agenda del Cambio Climático y Desastres Naturales.
Juan Pablo Bonilla, Jefe de Gabinete de la Vicepresidencia Ejecutiva del BID
Discusión
11:00 am–11:30 am Palabras de Clausura
Luis Alberto Moreno, Presidente del BID
William Chong Wong, Ministro de Finanzas y Gobernador por Honduras ante el BID
11:30 am–12:00 pm
Conferencia de Prensa
Ofrecida por el Presidente del Banco y los Gobernadores del BID presentes en la
Reunión
1:00 pm–2:30 pm
Almuerzo
Hotel Intercontinental