CEMLA Board of Governors Meeting

On May 28, 2025, the Board of Governors of the Center for Latin American Monetary Studies (CEMLA) held a meeting in San Salvador, El Salvador. The session was attended by the Associate Members currently serving on the Board, the General Director of CEMLA, and members of the Center’s senior management team. Several strategic and administrative matters were discussed during the meeting, including the 2024 Activities Report, which highlighted CEMLA’s key accomplishments during the year, including training events, seminars, workshops, and technical research and the Exercised Budget 2024, reflecting the efficient use of the Center’s financial resources throughout the year. Likewise, the approval of the funding strategy for Retirement Plan A took place, aimed at ensuring its sustainability through 2059. Additionally, the Modified Budget 2025 was discussed and approved, adjusted to reflect the Center’s current needs while maintaining financial balance.

The Governing Board reaffirmed its commitment to strengthening CEMLA as a regional forum and a technical center of excellence on central banking issues and expressed its gratitude to Banco Central de Reserva de El Salvador for hosting the meeting.