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Economy & Business - April 2010 (ISSN 1741-7430)
Chile launches reconstruction plan
On 16 April President Sebastián Piñera announced his government's
plans to finance reconstruction after the devastating 27 February earthquake.
Piñera has yet to give a final figure for how much the government estimates it
will have to spend to repair the damage caused by the earthquake. Piñera claims
that the cost of rebuilding will be less than the US$30bn worth of estimated
damage caused by the 'quake. The package of tax measures he announced on 16
April comes to US$8.4bn.
- How Latin America could set China an example
- The skewed recovery
- AUTO INDUSTRY: What a year, so far
- Selic tightening
- BRICS: An emerging economic bloc?
- ARGENTINA: Looking better
- CHILE: Getting the blues
- PARAGUAY: Benefiting from the soya boom
- URUGUAY: Trade takes over from investment
- BOLIVIA: Government sanctions 5% wage increase
- COLOMBIA: Growing confidence
- VENEZUELA: Braced for a contraction
- ECUADOR: Viteri claims budget secure
- PERU: Picking up
- COSTA RICA: On the up
- CUBA: Problems become acute
- DOMINICAN REPUBLIC: Faster growth forecast
- EL SALVADOR: Borrowing negotiations approved
- GUATEMALA: Signs of weakness in the banking sector
- HONDURAS: President Lobo gets budget approved, as IMF signals support
- NICARAGUA: Inflation on the march again
- PANAMA: Government revenues up 10.5% in first quarter
- AGRICULTURE: Bumper year for South America
- Chile launches reconstruction plan
- BUSINESS IN CUBA: What the Río Zaza scandal reveals
- DEBT: Chile's earthquake loan