Guatemalan Court Blocks Jonathan Menkos's Central Bank Appointment
1 report, 1 independent
Updated Mon 00:00
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What happened
The Constitutional Court of Guatemala blocked Jonathan Menkos's appointment to lead the central bank. Congress president Luis Contreras confirmed that Menkos would return to Congress following the ruling. This action leaves the Banco de Guatemala under an acting chief.
From riotimesonline.com
Why it matters
The ruling leaves the Banco de Guatemala without a permanent chief. This situation follows a warning from the US Embassy on October 8 against politicizing the bank.
From riotimesonline.com
Who's involved
- constitutional courtHighest judicial authority on constitutional disputes
- GuatemalaSovereign state where the court operates
- Jonathan MenkosFormer finance minister picked to lead the central bank
- parliamentLegislative body where Menkos is a member
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The entities involved
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constitutional court
court that deals primarily with constitutional law
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Guatemala
sovereign state in Central America