Economics
Chile Government Adds Stimulus With Soft Loans for Middle Class
People wearing protective masks stand in line to enter a store in the city center of Santiago, Chile, on June 13.
Photographer: Tamara Merino/BloombergThis article is for subscribers only.
Chile’s government announced new economic stimulus measures aimed at the middle class whose income has been affected by the coronavirus health crisis.
The measures include as much as 2.6 million pesos ($3,240) of low-interest loans, postponement of mortgage payments for up to six months, rental subsidies and student loan extensions to those who didn’t previously qualify.