Chilean congress agrees to $12 billion emergency coronavirus plan

Chilean Finance Minister Ignacio Briones announced a fresh, two-year, $12 billion citizen support and economic stimulus package to overcome the effects of the pandemic. The economic plan, funded by a mix of budget reallocations, sovereign funds and debt issuance, includes bolstered emergency benefits for Chile’s most vulnerable families from payments of 65,000 Chilean pesos to 100,000 ($126) per person.

Source: Reuters