CEMLA Board of Governors Meeting

On May 28, 2025, the Board of Governors Meeting of the Center for Latin American Monetary Studies (CEMLA) was held in San Salvador, El Salvador. This session was attended by the Associate Members who currently make up the Board of Governors, as well as the Center's General Director and CEMLA's management team. During the meeting, various strategic and administrative issues were discussed, including the 2024 Activities Report, which highlighted the main actions carried out by CEMLA during the year, including training events, seminars, workshops, and technical research, and the 2024 Exercised Budget, which reflects the efficient use of the Center's financial resources during the period. Likewise, the financing of Retirement Plan A was approved, with the aim of ensuring its sustainability until 2059. In addition, the 2025 Modified Budget was discussed and approved, adjusted in accordance with new institutional needs and with a structure that allows the Center to maintain its financial balance.

The Board of Governors reaffirmed its commitment to strengthening CEMLA as a regional forum and center of technical excellence in central banking issues, and thanked the Banco Central de Reserva de El Salvador for its hospitality in hosting the meeting.