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Minister says Chile will have to raise taxes

RIO DE JANEIRO, BRAZIL - Chile will soon need to increase its revenues to deal with growing social discontent. The assessment comes from current Finance Minister Rodrigo Cerda, who will leave office in March when the new government led by Gabriel Boric takes office.

"In the future, we think we will need more tax revenue," Cerda told Bloomberg TV, adding that he expects lower inflation starting in the second half of this year.

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