The Chilean Congress accepted this Wednesday “the idea of legislating the pension reform project“, in a bittersweet day for the Government, which saw how the deputies rejected its other star proposal, a 6% distribution system, “where 3% was allocated to individual capitalization accounts and the rest to a solidarity fund”. A proposal that sought to […]
Tag: Gabriel Boric
José de Echave: “Neither the Executive nor Congress have the will for a tax reform”
Chili received 2024 with the beginning of a new royalty law for large copper mining, called mining royalty, which will allow it to raise US$1,350 million annually. The measure was presented by President Gabriel Boric and the Senate. De Echave recounts the need to apply a mining tax reform and warns, despite the territorial proximity, […]
Chile launches mining tax hike
After several years of discussion, as of January 1, 2024, a new mining royalty came into effect in Chile with which US$1,350 million will be collected annually—0.45% of its GDP—from large companies. With this, taking advantage of a new supercycle in the prices of metals such as copper, which as a result of the pandemic […]
Gabriel Boric asks to “get out of the trenches” in 2024
The president of Chile, Gabriel Boricthis Sunday asked the political class to “get out of the trenches” and “reach important agreements for the benefit of the citizenship”, such as pension reform and a new fiscal pact, two of its star projects. “If in politics we are able to get out of the trenches and we […]
Gabriel Boric: “Beyond the result, the plebiscite strengthens our democracy”
The president of Chile, Gabriel Boricassured this Sunday that the plebiscite on the new Constitution proposal “strengthens” the democracy and said that, “regardless of which option wins,” Your Government will focus on the “people’s priorities”. “Beyond any outcome, it strengthens our democracy. Chile has shown a strength that we do not have to take for […]
Chileans choose between Pinochet’s Constitution or an even more conservative one
More than 15 million chileans They began voting this Sunday to ratify or not a new constitutional proposal to replace the Magna Carta in force since the dictatorship and after rejecting in 2022 a first radically opposed and progressive initiative. The new text, written by a majority of constituents from the right and extreme right, […]
Fitch dismisses impact of Chile’s constitutional plebiscite, maintains rating
Fitch Ratings Inc. reaffirmed its credit rating A- for Chilidismissing concerns that this weekend’s plebiscite on a new Constitution will lead to changes in the economic model. The firm also kept its outlook stable in the rating, four days before voters go to the polls to decide the fate of a second attempt to rewrite […]
Chile: Boric announces expulsion of irregular immigrants in the face of more crime
Chili will expel irregular immigrants who have not contributed their data to a voluntary biometric registration plan, the president announced on Thursday Gabriel Boricby toughening its discourse against irregular migration. “Those who are irregular in Chile, we are going to throw them out”said Boric, in a ceremony in which he presented a plan to strengthen […]
Government of Chile will carry out expulsion flights for irregular immigrants
The Minister of the Interior and Public Security of ChiliCarolina Tohá, confirmed this Wednesday the realization of flights of expulsion of immigrants in an irregular situation on Air Force (FACH) trips and commercial airplanes. “In migratory flows, especially when they are massive, people who come with a criminal agenda and in this case also criminal […]
Boric considers the relationship with Argentina a priority, despite differences with Milei
The president of Chile, Gabriel Boricsaid this Tuesday that the relationship with Argentina is “priority” and one “a matter of state”despite the “ideological differences” that exist between your Government and the elected president in the neighboring country, Javier Milei. “The Chilean people and the Argentine people are brother people, therefore my duty as President of […]