IBOV 177,098 ▼ 1.80% COLCAP 2,118 ▼ 0.22% MERVAL 2,738,355 ▼ 1.96% IPC MEX 70,187 ▲ 0.22% BVL PERÚ 19,767 ▲ 0.37% STOXX 50 5,861 ▲ 0.91% DAX 24,137 ▲ 0.76% CAC 8,008 ▲ 0.35% FTSE 10,325 ▲ 0.58% IBEX 17,655 ▲ 0.46% FTSE MIB 49,481 ▲ 1.00% AEX 1,010 ▲ 1.07% OMXS30 3,048 ▲ 0.05% WIG 132,379 ▲ 1.71% PSI 9,072 ▲ 0.24% SMI 13,213 ▲ 0.71% BEL 20 5,509 ▲ 0.71% S&P 500 7,444 ▲ 0.58% DOW 49,693 ▼ 0.14% NASDAQ 26,402 ▲ 1.20% RUSSELL 2,844 ▲ 0.04% TSX 34,041 ▼ 0.73% NIKKEI 63,449 ▲ 0.28% HANG SENG 26,557 ▲ 0.64% SHANGHAI 4,208 ▼ 0.81% SHENZHEN 15,889 ▼ 1.25% KOSPI 7,892 ▲ 0.61% KOSDAQ 1,170 ▼ 0.56% TWSE 41,686 ▲ 0.75% SENSEX 74,609 ▲ 0.07% NIFTY 23,413 ▲ 0.14% PSEi 5,984 ▲ 0.63% KLCI 1,746 ▲ 0.01% STI 4,999 ▼ 0.09% SET 1,517 ▲ 2.27% ASX 200 8,625 ▼ 0.06% NZX 50 13,026 ▼ 0.28% JSE TOP 40 109,782 ▲ 0.66% EGX 30 53,416 ▼ 1.19% TASI 11,020 ▼ 0.17% USD/BRL 5.01 ▲ 2.07% USD/COP 3,783 ▼ 0.10% USD/ARS 1,392 ▲ 0.47% USD/MXN 17.17 ▼ 0.36% USD/PEN 3.42 ▲ 1.71% EUR/BRL 5.87 ▲ 1.88% EUR/USD 1.17 ▼ 0.17% GBP/USD 1.35 ▼ 0.09% USD/JPY 157.97 ▲ 0.19% USD/CNY 6.79 ▼ 0.09% USD/INR 95.62 ▼ 0.01% USD/KRW 1,492 ▼ 0.04% USD/ZAR 16.41 ▼ 0.60% USD/NGN 1,368 ▼ 0.18% USD/EGP 52.87 — 0.00% USD/TRY 45.41 ▲ 0.03% USD/RUB 73.59 ▼ 0.32% USD/CHF 0.78 ▲ 0.18% USD/CAD 1.37 ▲ 0.07% USD/HKD 7.83 ▲ 0.03% USD/SGD 1.27 ▲ 0.06% BRENT 105.99 ▲ 0.34% WTI 101.46 ▲ 0.44% GOLD 4,691 ▼ 0.14% SILVER 87.62 ▼ 1.43% COPPER 6.58 ▼ 0.82% NATGAS 2.87 ▲ 0.07% IRON ORE 161.91 ▲ 45.72% BTC 79,408 ▼ 1.33% ETH 2,253 ▼ 0.93% SELIC 14.50% IBOV 177,098 ▼ 1.80% COLCAP 2,118 ▼ 0.22% MERVAL 2,738,355 ▼ 1.96% IPC MEX 70,187 ▲ 0.22% BVL PERÚ 19,767 ▲ 0.37% STOXX 50 5,861 ▲ 0.91% DAX 24,137 ▲ 0.76% CAC 8,008 ▲ 0.35% FTSE 10,325 ▲ 0.58% IBEX 17,655 ▲ 0.46% FTSE MIB 49,481 ▲ 1.00% AEX 1,010 ▲ 1.07% OMXS30 3,048 ▲ 0.05% WIG 132,379 ▲ 1.71% PSI 9,072 ▲ 0.24% SMI 13,213 ▲ 0.71% BEL 20 5,509 ▲ 0.71% S&P 500 7,444 ▲ 0.58% DOW 49,693 ▼ 0.14% NASDAQ 26,402 ▲ 1.20% RUSSELL 2,844 ▲ 0.04% TSX 34,041 ▼ 0.73% NIKKEI 63,449 ▲ 0.28% HANG SENG 26,557 ▲ 0.64% SHANGHAI 4,208 ▼ 0.81% SHENZHEN 15,889 ▼ 1.25% KOSPI 7,892 ▲ 0.61% KOSDAQ 1,170 ▼ 0.56% TWSE 41,686 ▲ 0.75% SENSEX 74,609 ▲ 0.07% NIFTY 23,413 ▲ 0.14% PSEi 5,984 ▲ 0.63% KLCI 1,746 ▲ 0.01% STI 4,999 ▼ 0.09% SET 1,517 ▲ 2.27% ASX 200 8,625 ▼ 0.06% NZX 50 13,026 ▼ 0.28% JSE TOP 40 109,782 ▲ 0.66% EGX 30 53,416 ▼ 1.19% TASI 11,020 ▼ 0.17% USD/BRL 5.01 ▲ 2.07% USD/COP 3,783 ▼ 0.10% USD/ARS 1,392 ▲ 0.47% USD/MXN 17.17 ▼ 0.36% USD/PEN 3.42 ▲ 1.71% EUR/BRL 5.87 ▲ 1.88% EUR/USD 1.17 ▼ 0.17% GBP/USD 1.35 ▼ 0.09% USD/JPY 157.97 ▲ 0.19% USD/CNY 6.79 ▼ 0.09% USD/INR 95.62 ▼ 0.01% USD/KRW 1,492 ▼ 0.04% USD/ZAR 16.41 ▼ 0.60% USD/NGN 1,368 ▼ 0.18% USD/EGP 52.87 — 0.00% USD/TRY 45.41 ▲ 0.03% USD/RUB 73.59 ▼ 0.32% USD/CHF 0.78 ▲ 0.18% USD/CAD 1.37 ▲ 0.07% USD/HKD 7.83 ▲ 0.03% USD/SGD 1.27 ▲ 0.06% BRENT 105.99 ▲ 0.34% WTI 101.46 ▲ 0.44% GOLD 4,691 ▼ 0.14% SILVER 87.62 ▼ 1.43% COPPER 6.58 ▼ 0.82% NATGAS 2.87 ▲ 0.07% IRON ORE 161.91 ▲ 45.72% BTC 79,408 ▼ 1.33% ETH 2,253 ▼ 0.93% SELIC 14.50%
since 2009
Thursday, May 14, 2026

Chilean President Boric announces third cabinet reshuffle

By · August 16, 2023 · 2 min read

Chilean government spokesperson, Camila Vallejo, confirmed on Wednesday that President Gabriel Boric is set to implement his third cabinet reshuffle.

Vallejo did not disclose which departments would be affected.

“The president will make changes. I cannot specify which ones or their nature, but we can confirm they will happen today,” stated Vallejo, addressing weeks of rumors and opposition pressures.

Vallejo mentioned the reshuffle aims to address “public demands” and the “government’s agenda,” emphasizing its importance in best executing the government’s programs and commitments to the Chilean people.

La Moneda, Chile. (Photo Internet reproduction)
La Moneda, Chile. (Photo Internet reproduction)

This announcement follows the recent resignation of Giorgio Jackson, the Minister of Social Development, seen as Boric’s close confidant.

Recently, Jackson faced allegations regarding illicit grants to private foundations.

Jackson’s departure represents a significant setback for Boric, as the two share a deep bond dating back to student-led protests in 2011 and co-founding the Broad Front political coalition.

The right and far-right opposition had made Jackson’s departure a condition for discussing two critical reforms on taxes and pensions.

Still, they later stated that this action was “not enough.”

This marks the third ministerial adjustment since Boric assumed office. The first followed a plebiscite in September, where over 62% of Chileans voted against a progressive new constitution supported by the government.

The second occurred on March 10th, just before Boric’s first year in office, witnessing Antonia Urrejola’s departure as Foreign Minister and Alberto van Klaveren’s appointment.

Both reshuffles saw the Democratic Socialism block, formed by traditional center-left parties that governed Chile’s post-military regime (1973-1990), gaining strength over the left-leaning “Approve Dignity” coalition (Comprising the Communist Party and Broad Front).

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