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Argentine government said to be eyeing injecting pesos into the market to bounce back from electoral loss
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Chief of cabinet predicts economic growth in Argentina
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Legislators for improving aids proposed by Chilean government
Legislators for improving aids proposed by Chilean government
Santiago, Chile, May 31 (Prensa Latina) Opposition forces will insist during Congress sessions scheduled for this week on improving the aids announced by the Government to alleviate the economic crisis worsened by Covid-19, it was reported on Monday. In this sense, the senators of those parties signed a statement in which they expressed that they will seek to expand not only the amounts, but also the duration of the Emergency Family Income (IFE) and the bond for the small and medium-sized enterprises (SMEs).
On Wednesday, May 26, President Sebastian Piñera announced these measures, but in political and academic sectors, although they considered them superior to previous ones, they were criticized for being inferior to what was long requested from the opposition and being hardly a temporary relief for the SMEs.
”We have always done what is humanly possible,” said Piñera.
Chile s Congress Monday passed a bill granting economic assistance to people in need and whose situation has worsened over the past few months due to the covid-19 crisis.
The aid package consists of a 500,000 Chilean pesos (approximately 693 dollars) bonus for workers who have salaries up to 1.5 million Chilean pesos (almost 2,079 dollars) since 2019. The aid will decrease gradually for those making a higher income.
The new measures were announced the same day the toughest measures ever began to take effect, with the closure for a month of Santiago s international airport, the one-hour increase to the curfew from 10 pm to 9 pm the confinement under quarantine of more than 16 million people out of a total population of 18 million.
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