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Current Minister of Finance and Public Credit of Colombia. He holds degrees in Economics and Sociology from the University Notre Dame. PhD in Economics from Yale University. Former Minister of Finance and Public Credit of Colombia between 1996 and 1997 and former Minister of Agriculture, Director of the National Planning Department, and member of the Board of Directors of the Central Bank of Colombia. At the United Nations, he held the positions of Executive Secretary of ECLAC (1998-2003) and Under-Secretary-General for Economic and Social Affairs at the Department of Economic and Social Affairs.