Story thread · 2 reports / 2 sources

Fitch Sees Chile Budget as Key to Halting Rising Debt Burden

bloomberg.com · 4dShare

Fitch Ratings is skeptical that tax cuts approved by Chile’s Congress last month will boost growth by enough to offset the immediate drop in revenue, leaving the emphasis on fiscal spending reductions if the government wants to balance the books anytime soon.

First report: Fitch Warns Chile: Debt Above 45% of GDP Would Risk a Downgrade — riotimesonline.com, 5d