Chile | Public investment still supporting domestic demand in April

Summary

Figures showed that fiscal revenues rose by 3.7% YoY while expenditures increased by 4.0% YoY. Capital expenditures expanded 11.5% YoY still supporting the slack in private investment. Finally, fiscal balance registered a surplus of USD3.3bn, the latter nonetheless seasonally driven by annual tax bill payments of economic agents in a context of declining copper revenues.

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