Economy & Business - February 2024

CHILE: Partial victory for Boric on pensions bill

The approval of President Gabriel Boric’s flagship pension reform by Chile’s chamber of deputies in late January was a bittersweet victory for the 38-year-old former student leader, as the lower house approved the base text of the reform almost 15 months after it was presented but rejected two key proposals that would have financed a more equitable pensions system and created a public pension fund manager.

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