Former Finance Minister Roberto Junguito Bonnet passed away



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He was an economist from the Universidad de Los Andes and had postgraduate studies at Princeton University in the United States. He was a director of organizations such as Fedesarrollo, the Society of Farmers of Colombia, the Association of Coffee Exporters, Fasecolda and the Bank of the Republic.

The President of the Republic, Iván Duque, confirmed this Sunday the news of the death of Roberto Junguito Bonnet, renowned economist and former Minister of Finance. The president published the following message on his Twitter account: “I deeply regret the death of former minister Roberto Junguito. A great friend, an exemplary human being, an upright public servant, a mentor that I will always remember and one of the best economists in the history of Colombia. My solidarity with his family ”.

Roberto Junguito Bonnet served as Minister of Finance during the government of former President Álvaro Uribe. During the government of Belisario Betancur he was also in charge of that portfolio and the Ministry of Agriculture. He was an economist from the Universidad de Los Andes and had postgraduate studies at Princeton University in the United States. He was a director of organizations such as Fedesarrollo, the Society of Farmers of Colombia, the Association of Coffee Exporters, Fasecolda and the Bank of the Republic. He was also ambassador to France and to the European Community.

His lines of research included topics such as the Colombian economy, the coffee economy, economic development, economic integration, the agricultural economy, economic history, the financial system, political institutions, and public debt. Some of his literary productions include titles such as “External debt in the 19th century”, “Colombian coffee economy”, “Central Bank in Latin America: Economic and Legal Aspects”, “Study of the presumptive income tax to the agricultural sector”, ” Bases for an agricultural policy “,” A response model in the supply of coffee in Colombia “and” Economic History of Bavaria “.

The Colombian Stock Exchange also mourned the death of former minister Junguito, who was also a member of its board. “We express our heartfelt condolences to his family and friends. Peace in his name, “said the corporation on its Twitter account. For his part, the Minister of Commerce, José Manuel Restrepo, recalled Junguito Bonnet as an outstanding public servant and economist, “but above all a great person.”

From his opinion column for the newspaper La República, Junguito Bonnet recently spoke about key issues in the economy. In one of his last writings, he highlighted the lessons of the historical crises for the management of the current crisis generated by Covid-19. “To overcome the COVID-19 crisis, the full restoration of economic activity will require in the near future the adoption of fundamental structural reforms in the tax, labor, pension, commercial and financial fields. To achieve this, historical experience indicates that it is essential to consolidate a national consensus around the reforms and the determined support of political parties, Congress, unions and the private sector, as well as multilateral credit organizations and a great involvement direct from the President of the Republic ”, wrote Junguito Bonnet.



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