MNI: PBOC Net Drains CNY203.9 Bln Via OMO Wednesday

MNI: PBOC Sets Yuan Parity Higher At 7.1358 Weds; -0.98% Y/Y

CHINA PBOC CONDUCTS CNY66.1 BILLION VIA 7-DAY REVERSE REPOS WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1358 WEDS VS 7.1334

MNI BRIEF: China Wants U.S. Firms To Deepen Investment

MNI China Daily Summary: Tuesday, July 23

GERMANY AUG GFK CONS CLIMATE -18.4 (-21.0 F'CAST; -21.6 JULY)

INDON Curve Out-Performs As Investors See Rate Hikes Ending

MNI: UK APR-JUN MEDIAN PAY AWARDS +4.9% :Brightmine

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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Finance Ministry Ready to Boost Social Aid Ahead of Recovery

CHILE
  • Chile is preparing measures to boost productivity and stands ready to step up aid to the poor ahead of an economic recovery that won’t kick in before May of next year, the nation’s finance minister said in an interview. (BBG)
  • * The government will unveil proposals to improve productivity in the next few weeks, Marcel said, without giving details, speaking on Friday while in Washington for the World Bank and International Monetary Fund annual meetings.
  • * This week, the government will present changes to its mining royalty proposals, including reducing the sales tax component, making amendments to brackets in the tax on profit and introducing depreciation as a factor in the latter, he said.
    • “We are going to create a proposal that will generate income that’s relatively similar, given the long-term copper price we are working with, and also taking into account the production and cost outlook in the industry,” Marcel said.
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