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LatinNews Daily - 02 April 2020

In brief: Chile’s central bank releases growth forecast

* Chile’s central bank (BCCh) has published its latest monetary policy report (Ipom) which forecasts that the country’s GDP will contract between 1.5%-2.5% this year due to the impact of coronavirus (Covid-19). According to BCCh figures released last month, Chile’s GDP registered growth of 1.1% in 2019, the slowest in recent years, a result of the widespread social protests in late 2019 over inequality and the high cost of living.

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