Tag: Felipe Larrain

• Friday, May 17th 2013 - 23:02 UTC

  Chile anticipates mild slowdown after years of strong growth

  

  Chile's economy is entering a mild slowdown phase after years of strong growth said Finance Minister Felipe Larrain on Friday. Chile has been expanding at about 5.8% on average for the past three years despite global economic woes while maintaining enviably low inflation and jobless rates.

• Wednesday, April 24th 2013 - 01:06 UTC

  Chile’s growing concern with soaring Peso and plummeting dollar in local market

  

  Chilean authorities are feeling “calmer” with the exchange rate nearing 480 pesos per US dollar, Finance Minister Felipe Larrain said on Tuesday, as the currency retreated from the year-and-a-half highs it reached earlier this month.

• Tuesday, January 8th 2013 - 06:58 UTC

  Chile government spending rate below the economy’s performance for second year running

  

  Government expenditure in Chile expanded an estimated 5% last year while the economy grew 5.5%, making it the second consecutive year in which the economy outperforms outlays.

• Friday, December 14th 2012 - 20:43 UTC

  IMF praises Chile as one of the most stable and prosperous nations in the region

  

  IMF Managing Director Christine Lagarde described Chile as one the most stable and prosperous nations in South America which has enjoyed robust growth over the last decade, but also warned it remains exposed to shifts in commodity prices.

• Friday, December 14th 2012 - 07:30 UTC

  IMF expected to delay action on Argentina on stats dispute until mid January

  

  The IMF said Thursday that it was unlikely to take action on Argentina failure to supply accurate statistical data before January, if the country misses a deadline next Monday.

• Friday, October 26th 2012 - 21:15 UTC

  Chile places 1.5bn dollar-bonds at lowest financing cost of any emerging country

  

  Chile placed 1.5 billion in dollar-denominated bonds on international markets at historic yields, giving the country the lowest borrowing cost of any emerging country, Finance Minister Felipe Larrain said on Thursday.

• Wednesday, October 3rd 2012 - 01:42 UTC

  Chile a country with a growing disappointed middle class, says Financial Times

  

  The influential business newspaper Financial Times dedicated a special edition to the Chilean economic and social situation and concludes that given the massive demonstrations against energy projects and in favour of education reform, “doing business” in the country has become difficult plus there is growing disappointment in the middle class.

• Monday, October 1st 2012 - 09:36 UTC

  Facing students’ challenge, Piñera presents record spending budget on education

  

  Chilean President Sebastian Piñra unveiled an education-heavy 2013 budget bill on Sunday, as he seeks to improve the conservatives’ credentials before municipal elections in October and next year's presidential election.

• Thursday, August 23rd 2012 - 06:14 UTC

  Chile’s 2013 budget based on 5% growth and copper at 3.06 dollars the pound

  

  Chile is planning a 2013 budget with a tendency growth of 5% and an average long term basic copper price of 3.06 dollars the pound revealed finance minister Felipe Larraín together with Rosanna Costa, head of the Budget Office during a presentation before Congress.

• Tuesday, May 8th 2012 - 16:53 UTC

  Chile’s inflation slowed to its lowest level in seven months in April

  

  Chile's consumer price inflation slowed to the lowest level in seven months in April, data released by the National Institute of Statistics showed on Tuesday.