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Boric Approval Sinks, Shows Concerns For Lack Of Support For Constitution

  • President Gabriel Boric, expressing concern about a recent drop in public support for Chile’s new constitution, called for broader agreements and for confronting doubts on the new charter head-on.
    • Chileans will vote in a mandatory referendum on September 4 to approve or reject a new constitution. (AFP)
  • Chile’s new president continues to be admired abroad, but domestically his approval is sinking fast. Boric has been criticised for handling of security problems in south, standing in way of another pension withdrawal, & general feeling the government & Constitutional assembly are too progressive for a 50-50 country.
    • Boric has become the first President of Chile since 2014 to fall below 50% approval in his first 3 weeks in office (see attached).
  • Chile Central Bank President Rosanna Costa speaks at a university event – 9am local time. Of note, March CPI data is scheduled for this Friday.