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  • 06/01/2015 Minister Arenas: “The Finance Ministry’s priority in 2014 was to tackle the downturn with an active fiscal policy”

    • In reviewing the past year, the Finance Minister pointed out that the goal of quickly clearing up the uncertainty surrounding the changes to the tax system had been accomplished through an expeditious and efficient process for legislating the Tax Reform.
    • He highlighted the government’s decisive countercyclical fiscal policy, with measures to stimulate private investment through the expansion of public investment, in order to foster growth.
    • The Ministry accomplished 100% of the measures under its responsibility in the first 100 days and won the approval of ten draft bills sent by this government, as well as three more from the previous administration.
  • 03/12/2014 Ministry of Finance: “Chile has successfully placed dollar and euro bonds for US$ 2.052 billion”

    • The dollar bond placement totaled US$ 1.060 billion, with a demand of US$ 3.732 billion, which implies a demand-supply ratio of 3.5 times.
    • This operation included fresh resources of US$ 508 million and a repurchase of sovereign bonds of US$ 552 million.
    • Alberto Arenas stated that in the context of the current market, the high demand and the rates applied confirm investors’ confidence in the future of Chile.
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