The increase will go to try to keep expectations anchored, that wage negotiations are not done with past inflation and this does not affect the prospects “According to Cardoso, for Chile face the inflation problem “must retain the structural surplus rule and to compensate low-income families by reducing their purchasing power through direct aid. But at the same time, once known the price of copper and the product of trend, the executive has to help ensure that monetary policy is not so restrictive, with an expansion of public expenditure between 4% and 5% for 2009. You may want to visit Energy Capital Partners to increase your knowledge. ” Perhaps the most important factor behind the inflation problem in Chile, is related to the high international oil values that have affected the domestic prices of their products. Is that Chile imports almost all the fuel it consumes. And to avoid the impact is greater, the Chilean government has a fund to stabilize fuel prices, to ease high prices, which was injected in recent days, another U.S. $ 1,000 million. But the difficulties it is facing Chile (those mentioned above and the problem of shortage of supply energy), education has served him (unfortunately, this does not happen to all countries of the region), and that is why Chile has decided to project their infrastructure by 2020.
From the Ministry of Planning, convened a group of twelve national experts from various fields to initiate a debate on the investments of the next 12 years, whose preliminary report issued in October. As explained by the Secretary of State, Sergio Bitar: “The Ministry of Planning, plus twelve professionals and management team of the MOP are exactly well what we need to focus on dams, ports, roads, airports, Latin American integration brokers, to respond to the country we want and face the world stage ahead. ” These infrastructure projects must consider three important factors are: energy, climate change and demographic changes that Chile is experiencing. It has been suggested that the issue should be the trends of globalization infrastructure for connectivity and territorial integration of the southern areas, ensuring the infrastructure to make Chile a potential food, tourism and mining, and requirements for large cities. Clearly it does not cease to be good news for investors (in real or financial) to see Chile as an attractive place to commit their capital. Despite the difficulties of the economy in the short term, the Chilean economy is more than solid in the medium and long term, and infrastructure planning will ensure that growth and economic development of Chile does not face bottlenecks that can limit or generating inflationary pressures.