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Chile’s ongoing constitutional course of to deal with social inequalities, coupled with slowing gross home product (GDP), is weighing on funding and financial prospects, Fitch Ratings mentioned in a brand new report.
According to the chance score company, the rejection of a proposal for a brand new constitution within the referendum on September 4 “dispelled some dangers concerning a radical change in Chile’s financial mannequin,” however didn’t put an finish to the constitutional course of, “extending political uncertainty and financial” at the very least till a brand new venture emerges which, based on the schedule, could be introduced on the finish of October 2023 by . . .
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