In Chile when in difficulties turn right: former IMF deputy chief Finance minister

Tuesday, May 12th 2015 - 10:41 UTC

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In a move which has been interpreted as a right turn, economist Rodrigo Valdes was named as Chile's finance minister on Monday by President Michelle Bachelet, in a sweeping cabinet reshuffle in which four of her closest ministers were sacked or shifted into other roles. On Valdes' immediate to-do list is an upcoming 1.26 billion dollars international debt issue. Read full article

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Sergio Vega
Those changes aren't significant for a reshuffle of the county´s parameters.....What we need is a change in the Gvt. programme which is the key of the degrdation of the country´s numbers because have made too much changes to the left that have eroded the social, political and economic stalility that is demonstraded by the poll results over Gvt. perfomance which have gone down to a less tan 30% of approval and almost 70% disapproval....
It´s not enough a timid turn to right with the new cabinet to back to a positive numbers, it´s necessary a change in the expressions about the enterpreuners, companies, profit, labor laws, tax laws to attract again the investiment to come to Chile.
The political scandals that involve cmpaing financing is transversal because the current law is to restrictive and tending to the state financing of campaing and parties instead a private financing with extreme transparency and audit from the electoral regulator system which assures to all voter to know who and how much any person or company has donated for any candidate and party to make a coice when elections comes. It´s not right that people´s tax go to finance the politics., it´s like a robbery.
May 12th, 2015 - 01:51 pm - Link - Report abuse 0
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Englander
Mrs Think will be spinning in her grave.
May 12th, 2015 - 05:35 pm - Link - Report abuse 0
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ChrisR
She should have stayed at the UN.

Oh, they didn't want her?

I am not surprised.
May 13th, 2015 - 07:28 pm - Link - Report abuse 0
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Chicureo
She has disappointed everyone in her second term. It hasn't helped that copper prices have dropped in half and her governance has been extremely unpopular.

The political right remains disunited and without clear leadership, but there is hope that the RN and the UDI will get their act together.
May 14th, 2015 - 02:46 am - Link - Report abuse 0
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