translated from Spanish: Government announced new $600 million investment plan on economic acceleration agenda

The government announced investments of about $600 million, as part of a third of the economic acceleration agenda, which in the previous two stages, meant investment for US$ 1.4 billion and US$1.034 million.
The agenda points to joint work carried out between the ministries of Finance, Economy, Health, Agriculture, Housing and Social Development.
Of the total figure, Finance Minister Felipe Larraín said nearly $355 million will be invested this year.
In housing, some of the measures are US$ 218 thousand for 5 thousand additional subsidies for the solidarity fund for the choice of housing for vulnerable families, the overtaking of 88 urban investment initiatives and the overtaking of the payment of subsidies in 2019, the government reported.
In the MOP, meanwhile, the projects aim at US$ 150 million in new public works in all regions of the country, in a portfolio of 145 initiatives to be implemented from the next few days, including roads, hydraulics, airports and rural drinking water.
Salud will advance the acquisition of equipment that was scheduled for 2020, including high-complexity monitors, clinical catres, X-ray equipment, ambulances, ecotomographs and dental armchairs.
In agricultural matters, there will be an acceleration of investments by US$ 63 million in irrigation projects, through the expansion of current competitions.
The finance minister said that “all these measures lead to improving the quality of life of Chileans.”
“With this we are reaching US$ 3 billion of economic acceleration, around a point of GDP in accelerating investmentthat are necessary for the country,” Larraín said.
The secretary of state further indicated that in the face of the upsurge in trade war, “Chile is not immune, we are not armoured, but we are well prepared to face a situation that is in itself complex”.



Original source in Spanish

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