Chile FinMin Suggests Possibility of Tapping Wealth Funds in 2017
Posted on 07/12/2016
Facing a sharp fall in the price of copper greatly caused by reduced Chinese demand, Chile’s Ministry of Finance may tap into its sovereign funds in 2017. Chilean Finance Minister Rodrigo Valdes informed lawmakers that the wealth funds could be used to address a rising fiscal deficit, as mining investment income drops. Valdes awaits findings […]
