Economy & Business - November 2026

CHILE: Kast bets on public works to kick-start slumping economy

BRAZIL & SOUTHERN CONE by Abbi Dicker 12 November 2026 Modified: 12 November 2026 2 views

The government of President José Antonio Kast has launched a Cl$1.3tn (US$1.34bn) economic stimulus and job-creation plan. For a right-wing advocate of free-market policies such as Kast, the measures look like an unusual choice of Keynesian economic stimulus, but the plan reflects the government’s efforts to reverse the country’s economic slowdown and rising unemployment which has been weighing on Kast’s popularity.

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