Chile’s Finance Minister Signals Tougher Stance in Pension Talks

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Chile’s government will sharpen its negotiation strategy to approve President Gabriel Boric’s flagship pension reform in the Senate, avoiding early concessions that left many allies disappointed, according to the nation’s finance minister.

While the administration remains open to dialogue with lawmakers, it will not get bogged down by hot-button issues like employer pay-ins, Mario Marcel said in an interview on the sidelines of the International Monetary Fund Spring Meetings in Washington. Political talks will continue while specialists analyze the proposal, and officials will insist on more cooperation from the opposition.

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