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Chilean Minister of Economy defended economic management of Piñera’s government

 

The Chilean Minister of Economy, Development and Tourism, José Ramón Valente, defended yesterday the economic management led by President Sebastián Piñera and asked critics to check the current figures of chilean economy compared to those under Michelle Bachelet’s socialist administration.

Valente told that the Chilean GDP this year will be bordering 4%, that “was unthinkable last year. It duplicates what happened in 2017”, Valente said.

Then, the Minister added: “We have heard that the economy doesn’t rebound, that the Government hasn’t met the expectations, but for that you have to check the data”.

On creation of jobs, Valente said: “The numbers show us that 50 thousand jobs have been created. Real wages grow 1,5% and inflation remains stable at 3%. Chile is a stable country in terms of prices.”

The Minister predicted that Chilean economy will grow between 3,5% and 3,7% during next year, while the rest of the world will be engaged in a decelartion process.