The elected president of Chile, Gabriel Boric, who will assume power next Friday, will begin his government in the framework of the most complex political and economic situation experienced by his country since the return to democracy in 1990. Boric, 36, a deputy for the leftist Broad Front, is one of several former university leaders […]
Tag: Gabriel Boric
Chile: Future Government Seeks to Calm Nervousness over Constitution
Updated on 02/22/2022 01:23 am The top adviser to Chile’s president-elect, Gabriel Boric, said he will strengthen contacts with the Constitutional Convention days after other key allies downplayed concerns about radicalism in the letter’s wording. The next Minister Secretary General of the Presidency, George Jackson, has been in contact with the convention leaders and they […]
Chile prepares for the start of the transfer of power between Piñera and Boric
20 days after the conservator Sebastian Pinera give him the presidential sash Chile to the leftist Gabriel Boricthe teams of both administrations will prepare to begin the transfer of command this Monday, a process that since the return to democracy has always been orderly. The meetings will be inaugurated by the outgoing Minister of the […]
Toesca: Chilean stocks won’t be ‘forever’ cheap
Local institutional investors, such as pension funds, are timidly returning to the local stock market attracted by “extraordinarily low” valuations and after some political clouds have lifted, said Rodrigo Rojas, partner and director of Toesca’s equity investment area. Asset Management. “Things cannot stay cheap forever,” said Rojas, who manages the Toesca Chile Equities Mutual Fund, […]
Boric bets on a diverse cabinet to reform Chile
Former student leaders, technocrats and regional representatives will be part of the moderate ministerial cabinet announced by the president-elect of Chile, Gabriel Boric, with which he will seek to promote the profound reforms he has promised in the world’s largest copper producer. The diverse ministerial train, with a majority of women, will have to deal […]
President-elect of Chile announces a moderate cabinet; Marcel will lead Treasury
The elected president of Chile, Gabriel Boric, appointed a moderate cabinet for his future government and with the current head of the Central Bank at the head of public finances, which was well received by the markets. The 35-year-old president described his ministerial train as “diverse”, with people of different origins and formations. “This cabinet […]
Good streak of Chilean assets at the mercy of the future cabinet
Updated on 01/21/2022 03:50 am Chilean assets have had an outstanding start to the year. Whether this streak continues in the coming weeks will depend on just one thing: whose president-elect, Gabriel Boric, name as his finance minister. Investors and traders have speculated for weeks on who will be the person who will lead economic […]
President-elect of Chile gives investors a reality check
President-elect Gabriel Boric has warned that Chile’s consumer spending boom is unsustainable and government finances are under pressure, delivering a reality check in one of the world’s fastest-growing economies. Growth must be driven by investment, while protecting the environment, Boric said Thursday at a business event in Santiago. Increasing government revenue through tax reform while […]
Boric confirms his turn to the center before the fearful Chilean business community
Aware of the fear that his alliance with the Communist Party arouses in the markets, the president-elect of Chile, Gabriel Boric, confirmed his turn to the center and promised “profound” changes to the local business community, but with “dialogue” and “fiscal responsibility”. “My words regarding gradualness and fiscal responsibility were not a campaign disguise, but […]
Boric affirms that his cabinet in Chile will be equal, intergenerational and with social diversity
Updated on 01/10/2022 01:30 pm The elected president of Chile, the leftist Gabriel Boric, affirmed that his next cabinet – which he imposed himself to appoint before January 22 – will be equal, will include people of various generations and will have social diversity. “We are looking for a representation that is equal, where the […]