Goldman Welcomes Chile Stimulus

Goldman Welcomes Chile Stimulus

Chile

A package of measures to stimulate the economy and prepare Chile to face the impact of the global financial crisis – which could generate up to $6.5bn in new funds, according to the finance minister – is welcomed by Goldman Sachs. The $1.15bn package aims to boost public investment, support construction, and facilitate SME access to financing through credit lines and loan guarantees. The local IRS will also expedite the return of overpaid income tax and VAT to small businesses, Goldman adds. Mea

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