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Leftist Candidate Pledges Fiscal Responsibility

CHILE
  • Gabriel Boric has pledged fiscal prudence as he seeks to win over centrist voters that will be key in the country’s Dec. 19 runoff.
  • (Bloomberg) Efficient public spending represents one of the main points to an addendum of plans that will be unveiled today, Boric said at a campaign event on Wednesday. If elected, Boric said he will stabilize debt levels as a percentage of gross domestic product by the end of his term.
  • “We know that we will take over an economy that’s probably overheated, with inflationary pressures that we’ve seen,” Boric said. “What we are going to do -- and what we are committed to -- is a clear trajectory of fiscal consolidation.”
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