Chile Announces US$1.5 Billion in Aid for Its Beleagured Middle Class Citizens

Until now, this sector of society had been excluded from the state aid granted to tackle the crisis caused by the coronavirus, which infected 295,532 people and caused almost 9,000 deaths

RIO DE JANEIRO, BRAZIL - On Sunday, July 5th, Chilean President Sebastián Piñera announced a US$1.5 billion aid package to relieve the middle class, which has been severely impacted by the economic crisis resulting from the pandemic.

The measures, aimed at some 100,000 families, are focused almost exclusively on the provision or extension of credit under special state-guaranteed conditions. This aid has yet to be approved by Congress. "Chile is a mostly middle class country, which has progressed on the basis of its own merit, effort and work. The middle class knows this and is . . .

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