El Economista – Mexico City
He Chilean Congress On Tuesday, he signed into law a broad reform promoted by the president José Antonio Kastwhich seeks to boost economic growth in the world’s largest copper producer, with tax cuts and investment incentives.
However, its definitive application will suffer a delay because the government will seek to eliminate by veto some articles that were introduced in the legislative debate, while other norms will have a legality examination before the Constitutional Court.
The Chilean Congress passed into law on Tuesday a broad reform promoted by the president Jose Antonio kastwhich seeks to boost economic growth in the world’s largest copper producer, with tax cuts and investment incentives.
However, its definitive application will suffer a delay because the government will seek to eliminate by veto some articles that were introduced in the legislative debate, while other norms will have a legality examination before the Constitutional Court.
“With this law that is currently being processed, Chile is beginning to grow again, it is once again opening the doors to investment, entrepreneurship, and progress,” the minister of Tax authorities, Jorge Quiroz after approval.
The Chilean Congress passed into law on Tuesday a broad reform promoted by the president Jose Antonio kastwhich seeks to boost economic growth in the world’s largest copper producer, with tax cuts and investment incentives.
However, its final application will suffer a delay because the government will seek to eliminate by veto some articles that were introduced in the legislative debate, while other norms will have a legality examination before the T.Constitutional court.
“With this law that is currently being processed, Chile is beginning to grow again, it is once again opening the doors to investment, entrepreneurship, and progress,” the minister of Tax authorities, Jorge Quiroz after approval.”After this initiative, more will come, all aimed at continuing to recover the lost path of progress and growth,” he added.
The so-called “megarreform” is the emblematic economic project of kastwho assumed the presidency in March promising a revival of the local economy after years of low growth.
