Economy & Business - November 2026
CHILE: Kast bets on public works to kick-start slumping economy
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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