Chile Economic Euphoria Crashes to Earth as President Kast Faces 1% Growth


Kast romped in December’s runoff by pledging to jolt Chile’s private sector back to life with corporate tax cuts, new jobs, surging investments and, more broadly, an overarching push to reestablish law and order following years of leftist rule. His government is confident the worst economic news has passed, and a rebound is within reach. Still, there’s no getting around the view that he is under more pressure than ever for fast results, especially now that conservative presidents are also about to take office in Peru and Colombia.



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