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LatinNews Daily - 14 June 2017

In brief: Uruguay, Chile

Uruguay: The president of Uruguay’s leftist ruling Frente Amplio (FA) coalition, Javier Miranda, has revealed that the government led by President Tabaré Vázquez plans to increase the tax rate on imports and introduce a new tax on gambling activities to help finance its 2018 budget. Miranda said that the FA has been informed by Economy & Finance Minister Danilo Astori that the plans will be included in the government’s 2018 draft budget to be submitted to the national congress by 30 June; and that they aim to raise an additional US$112m for education and social spending.

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