Chile's economy is likely to grow by 3.5% this year on the back of increased confidence in a new presidential administration and in improving global economy, the future finance minister said in a local newspaper published on Sunday.
United States President Donald J. Trump spoke on Wednesday with President-elect Sebastian Piñera of Chile to congratulate him on his victory in the Chilean presidential runoff election. President Trump emphasized his desire to work closely with Mr. Piñera on issues of mutual interest.
Billionaire conservative Sebastian Piñera will begin a second term as Chile's president in March with a strong mandate after trouncing his center-left opponent in Sunday's election, and local markets soared on hopes of more investor-friendly policies.
With only a few days left for next Sunday's runoff in Chile's presidential election two factors have become decisive and a challenge for the two hopefuls, opposition candidate conservative Sebastian Piñera, and Alejandro Guillier, the incumbent, reluctantly accepted by the current system in office.
The strong performance by Chile’s left-wing parties in Sunday’s election left conservative presidential frontrunner Sebastian Piñera facing a tight battle to win a December runoff and likely opposition to tax breaks in Congress if elected. Piñera came first with more than 36% of the vote, but his two main leftist rivals made a stronger-than-expected showing, garnering a combined 43% between them.
Conservative Sebastian Piñera, who held a commanding lead in Chile's first round of presidential voting, and leftist former TV journalist Alejandro Guillier will contest a runoff next month. Ex-president Piñera had a 36.6% lead to Guillier's 22.7% with more than 98% of the votes, --of a very low turnout, 46.6%--, counted after the first round.
On Sunday, Chileans will choose a new president that will rule the country for the 2018-2022 pereriod replacing current president, socialist, Michelle Bachelet. Senators, deputies and regional councilmen will also be chosen on Sunday.
The presidential and parliamentary elections in Chile will take place next Sunday, with the conservative candidate and ex president Sebastian Piñera, the favorite to win, according to surveys.
The frontrunner for Chile’s presidency, billionaire businessman Sebastian Piñera, faces an array of left-wing parties in this year’s elections but he can expect help from one quarter - low turnout.
Chilean conservative presidential candidate Sebastian Piñera maintained his lead in voter preference ahead of the Nov. 19 election, and was seen beating his two closest rivals in a likely runoff, pollster CEP said on Wednesday