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President Gabriel Boric Announces Additional Social Aid Measures

CHILE
  • Chile President Gabriel Boric Announces Social Aid Measures (Bloomberg)
  • In a televised speech, Boric has announced the following measures:
    • Doubling a handout made every March to poor and middle-class families to CLP120,000 from CLP60,000
    • Create another handout of CLP13,500/month per dependant person per family for 8 months
    • Increases family subsidies by 20%
    • Discounts for medicines
    • Expands school lunch subsidy programs
    • 50b pesos in state guarantees for loans in the construction industry

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