Economics
Chile Signals Tax Rise to Cope With Growing ‘Social Pressures’
- Rodrigo Cerda speaks in exclusive interview with Bloomberg TV
- Central bank is raising rates after GDP likely grew near 12%
This article is for subscribers only.
Chile’s government will need to raise revenue to cope with growing “social pressures,” according to one of the nation’s top economic policy makers.
“In the future we think we will require more fiscal revenue,” Finance Minister Rodrigo Cerda, 48, who is leaving office shortly, said in a Bloomberg TV interview. He also said he expects inflation to slide in the second half of the year.