Moody’s assures that if Chile rejects the new Constitution there will be “more uncertainty”

Moody's also indicated that one of the biggest risks in case the "Approval" wins is how the new social rights will be financed in a scenario of economic slowdown and high inflation.

RIO DE JANEIRO, BRAZIL - The rating agency Moody's said this Wednesday that if the Chileans reject the new Constitution that is being written in the September plebiscite, there will be "much more uncertainty"; and that the new text "is an opportunity to try to change the country".

The main analyst for Chile of the rating agency, William Foster, affirmed that the “I Reject” option, unlike the “I Approve”, “will not stop people's new desires for change”.

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