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Swiss Bank Julius Baer: “Regardless of the presidential result, Chile’s fiscal position will continue to deteriorate”

RIO DE JANEIRO, BRAZIL - A report by Swiss investment bank Julius Baer on the impact of the presidential elections on the Chilean market provides a less than encouraging view.

One of its main conclusions is that "Chile's fiscal position will continue to deteriorate, as increased social spending is at the top of all candidates' agendas".

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In addition, the report notes that "the new Constitution, together with a fragmented Congress, will be the main problems that the new President . . .

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