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Bachelet: the next president of Chile "will receive a country in recovery"

The president of Chile, Michelle Bachelet, today asked the candidates to the upcoming presidential elections on November 19 to continue with the reforms initiated by her government, the which have ensured that he wins "will receive a country in recovery."

Santiago de Chile, November 13 (EFE) .- The President of Chile, Michelle Bachelet, today asked the candidates for the upcoming presidential elections on November 19 to continue with the reforms initiated by his Government, which have ensured that he wins "will receive a country in recovery."

"We will deliver a recovering economy to the future Administration, free of imbalances and with the capacity to return to higher levels of growth, "Bachelet wrote in a column published in Diario Financiero.

In particular, the president of Chile speaks in the letter of the growth prospects of 3% that are expected for 2018, a figure that "should not leave us satisfied" because "there is still much to improve in key aspects for development ".

The forecast 3.0% is a boost for the country, whose growth for this year will be 1.5%, according to most forecasts, after having expanded by 1, % last year, dragged down by low copper prices and, internally, by the drop in investment and consumption.

Bachelet makes an analysis of the situation in the that is Chile, a country that also presided between 2006 and 2010.

In the same, highlights the importance of the macroeconomic policies adopted by the Executive at the time of contain the effects of the 2008 crisis, which affected mainly the country's trading partners (the United States and Europe), causing a notable decrease in exports.

Thanks to these measures, he continues, Chile has consolidated "a robust financial system", capable of maintaining "unemployment rates at historically low levels and with a contained inflation (2.0% year-to-year last October). "

A situation that presents a unique opportunity for the coming years, writes Bachelet, since" the prospects for global growth have been affirmed, "especially with regard to the price of raw materials.

This translates, continuously, into a" greater dynamism in mining investment ", with a increase in exports, as well as an increase in the levels of growth in salaried employment and improvements in the perspectives of businessmen and consumers ".

However, despite the optimism that reflect the macroeconomic data, Bachelet recalls that it is still necessary to continue working to generate "quality jobs" and "continue to strengthen the delivery of goods and public services with the coverage and quality that Chileans deserve and demand ".

As well as to" have the resources to be able to protect the homes that are affected by difficult periods ", either due to illness or the loss of their jobs.

" We need to grow more and more equitably "underlines in her column the president, who turns her attention to three key factors to achieve this goal: increase productivity, diversify the economy and promote the creation of innovative projects.

In addition, it highlights the role of the educational reform, to establish the creation of a more qualified human capital, measures aimed at strengthening the competition framework between companies, to avoid abuses, and new approved mechanisms to facilitate foreign investment.

Finally, it indicates that Chile has taken a regional and global leadership position thanks to the leadership and visionary capacity of his Government, which has shown that economic crises "can be an opportunity for transformation with a view to the future and not defensive and conservative responses".

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