Chile economy - updates

Rappler's latest stories on Chile economy


Coronavirus turns Chile's middle classes into new poor

Jul 01, 2020 - 9:35 PM

With high levels of debt and no state support, a significant number of the middle class in Chile are left in a vulnerable situation

Chilean engineer Pablo Martinez delivers a personalised gift as part of a new enterprise he started with his wife after being dismissed from his job due to the new coronavirus pandemic in Santiago on June 20, 2020. - After the October social uprising many people were left staggering, but the pandemic and the extense quarantine knocked down a large part of the Chilean middle class, which permanent fragility has become evident. (Photo by PABLO COZZAGLIO / AFP)

Chile central bank predicts worst GDP fall in 35 years

Jun 18, 2020 - 12:35 AM

The Central Bank of Chile predicts the country's gross domestic product would shrink by 5.5% to 7.5% in 2020

Aerial view of the 400m-high Costanera Center Tower, considered to be the highest in Latin America, and one of the main tourist spots in Santiago now closed due to the COVID-19 coronavirus outbreak in Santiago, on June 12, 2020. - Chile registered the worst daily figures so far in the current coronavirus pandemic on Friday, with 6,754 new infections in the last 24 hours and 222 more deaths, totaling up to now 2,870 fatalities, local authorities reported. (Photo by MARTIN BERNETTI / AFP)

Chile asks IMF for $23.8-billion credit line

May 13, 2020 - 8:30 AM

International Monetary Fund Managing Director Kristalina Georgieva intends to recommend approval of Chile's request

A person walks past a pharmacy where Covid-19 tests are conducted in Recoleta commune, which was place under quarantine last night to slow the spread of the novel coronavirus COVID-19, in Santiago, on May 06, 2020. - Chile's health authorities tightened mandatory confinement measures in Santiago on Wednesday, in the face of an increase in coronavirus cases, totaling 23,048 infected and 281 deaths in the country. (Photo by MARTIN BERNETTI / AFP)