Economic outlook “quite favourable” despite unrest, finance minister

Chile's economic outlook is "quite favourable" despite months of political unrest in the country, Finance Minister Ignacio Briones told foreign correspondents in Santiago. "We should stress that we have a scenario of positive growth," Briones said. The government forecasts a 1.3% growth for 2020, "relatively higher" than the central bank projection of 1%, noted Briones. Prior to the outbreak of anti-government protests in mid-October, a 3.3% expansion in gross domestic product (GDP) was forecast.

Finance minister sees economic impact of coronavirus as ‘limited’

“At this stage we don’t see a major impact on the Chilean economy; I think the effects of this coronavirus pandemic are still limited,” finance minister, Ignacio Briones told foreign journalists in Santiago. Chilean exporters to China - chief among them fruit growers, paper firms and miners - had reported delays and logistical problems but no interruption in orders, Briones said. Chile sends around 30% of its exports to China and 50% of its copper.