On 3 May, Colombia's Finance Minister Alberto Carrasquilla resigned following days of deadly protests over a controversial tax reform proposal that he had piloted. In a statement reported by Reuters, he said: "My continuance in the government will complicate the quick and effective construction of the necessary consensus." His resignation came a day after President Ivan Márquez announced his decision to withdraw the tax reform proposal from Congress. He said: "I am asking Congress to withdraw the law proposed by the finance ministry and urgently process a new law that is the fruit of consensus in order to avoid financial uncertainty." However, stressing the need for tax reform, he added: "The reform is not a whim, it is a necessity."