Chile sets new economic plans in motion

Chile sets new economic plans in motion

Capital Markets Corporate & Sovereign Strategy Debt Bonds Economy & Policy Fixed Income People Politics Interviews Chile

In its first months in office, Chile’s new government is making a big push to put the country on a new fiscal path. The administration of President Sebastián Piñera announced plans in May to cut nearly $5 billion from the budget over the next four years to rein in Chile’s fiscal deficit. The cuts followed plans to trim $500 million by cutting back on state expenses like travel and other administrative costs. Long one of Latin America’s more stable economies, Chile is trying to emerge from severa

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