Economics
Chilean President Kast’s Mega Economic Bill Clears First Hurdle as Trouble Brews
Chile's President José Antonio Kast
Photographer: Rodrigo Arangua/AFP/Getty ImagesChilean President José Antonio Kast’s flagship economic bill cleared its first congressional hurdle on Thursday, but the vote gives the new administration little respite as it works to muster legislative support.
The Finance Committee in the lower house approved the bill in principle, with eight deputies in favor and four against, with one abstention. The initial approval clears the way for article-by-article debate and further voting next week as the government pushes an ambitious timeline for full passage in both houses of Congress by June.