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Government Announce Extension For Job Subsidies


President Piñera Announces 3-Month Extension for Job Subsidies

  • Chile will extend the duration of the IFE Laboral subsidy by three months until June 30.
  • An extension of the Protege subsidy was announced in conjunction.
  • For reference, the IFE Laboral is a government subsidy that pays as much as CLP250.000 (~$300) per newly hired workers and the Protege is a subsidy for working parents that don’t have access to daycare services provided by their employers. (BBG)

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