Chile’s Senate authorised a monthly bill Wednesday allowing workers battling with the country’s pandemic-induced economic meltdown to withdraw section of their contributions to personal pension cash, delivering a blow to President Sebastián Piñera’s government and alarming economists who say it could hurt a recovery.
The monthly bill was staunchly opposed by Mr. Piñera, who failed to influence lawmakers, some in his personal centre-right coalition, to leave the $two hundred billion pension program alone. Officers experienced promised in its place to ramp up unexpected emergency…
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