Chile President Gabriel Boric Taps Longtime Ally Nicolas Grau as Finance Minister
President Gabriel Boric of Chile has appointed Nicolas Grau, a long-time ally, as the new finance minister. This move follows the resignation of the previous finance minister, who was seen as the most market-friendly member of Boric's cabinet. Grau is a leftist figure and is expected to bring a different approach to the role. His appointment signifies a shift in the government's economic policies, potentially moving towards a more progressive agenda. The change in the finance ministry comes at a crucial time for Chile, as the country faces economic challenges, including high inflation and a weakening currency. Grau's appointment is seen as a significant decision that will shape the direction of Chile's economic policies under Boric's administration.
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