MNI China Daily Summary: Thursday, April 22

MNI BRIEF: China To Quicken Resolving Local Debt Risks

RPT-MNI INTERVIEW: ECB's Wunsch Sees At Least Two Cuts By Dec

MNI BRIEF: Brazil CenBank Faces Greater Uncertainty - Campos

MNI: PBOC Conducts CNY2 Bln Via OMO Mon; Liquidity Unchanged

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS MON

EZ/UK T-Bill Calendar: 3/6-Month ATB Auction on Tuesday

EZ/UK Bond Supply Calendar: EU, FI Synds; IT, DE Auctions Tues

MNI: CANADA MAR INDUSTRIAL PRICES +0.8% MOM; EX-ENERGY +0.8%

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

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

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Fourth Pension Withdrawal Bill Heads To Lower House

CHILE
  • (Bloomberg)A committee in Chile's Chamber of Deputies approved a bill allowing a fourth round of early pension fund withdrawals, setting up a crucial floor vote as soon as Tuesday.
  • The committee backed Monday a bill that allows people to withdraw as much as 10% of their savings in their individual pension accounts. The text now heads to the lower house floor and, if approved, to the Senate.
  • The government of President Sebastian Pinera is trying to block the withdrawal.
    • Finance Minister Rodrigo Cerda said last week that they are confident they will have enough votes against it at the lower house or senate, although several deputies from the ruling coalition have said they will vote in favour.
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