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LatinNews Regional Monitor: Brazil & Southern Cone - 10 July 2019

In brief: Chile

* The Chilean government has released its quarterly report on public finances (IFP) for Q2 2019, in which it has revised growth projections for this year downwards to between 3% and 3.5% (previous projections stood at 3.5%). The IFP notes that this remains within the central bank’s forecast of 2.75% to 3.5% growth for 2019. Finance Minister Felipe Larraín explained that the downwards revision is a direct result of the trade war between the US and China, which has negatively affected Chile’s international trade.