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Fitch raises the alarm in Chile due to the economic impact of political uncertainty

Chile's ongoing constitutional process to address social inequalities, coupled with slowing gross domestic product (GDP), is weighing on investment and economic prospects, Fitch Ratings said in a new report.

According to the risk rating agency, the rejection of a proposal for a new charter in the referendum on September 4 "dispelled some risks regarding a radical change in Chile's economic model," but did not put an end to the constitutional process, "extending political uncertainty and economic” at least until a new project emerges which, according to the schedule, would be presented at the end of October 2023 by . . .

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