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│ Chile's Congress approves core of Kast │

│ economic overhaul │

│ medium - UPI - unknown/unknown [CHL] │

│ │

│ Congress passed the centerpiece of Kast's │

│ program July 22: a phased corporate rate │

│ cut from 27% to 23%, capital-repatriation │

│ incentives and a compensation mechanism for │

│ court-overturned permits, against a weak │

│ backdrop (Q1 GDP -0.5%, unemployment 9.4%). │

│ A deputy finance minister who failed a drug │

│ test was replaced within a day. │

│ Governability functioning: political │

│ stability held at 3 with confidence up. │

│ │

│ https://www.upi.com/Top_News/World-News/202 │

│ 6/07/22/latam-chile-economic-tax-reform-app │

│ roved/8601784742875/ │

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