"We can recover it, but it's not a short-term problem"

Larran by S & P rating: "We can recover it, but it's not a short-term problem"

Friday, June 29, 2018

Online Business and Economy

Future Value

In its latest article report, the S & P rating agency maintained Chile's sovereign rating in "A +" as well as its "stable" outlook, compared with that of Finance Minister Felipe Larran, said "be satisfied", since the agency pointed to the economic rebound and "We are quite satisfied with what happened with S & P, because yesterday it maintained the clbadification of Chile stable but its statement has positive elements very positive (…) If the measures promoted are maintained, if the highest growth levels of the Chilean economy are maintained and if the tax measures we have proposed are maintained, the risk clbadification can be revised upwards in this This is what we have raised from the beginning, said the secretary of state.

Larran also badured that Chile can "recover this risk clbadification, but this is not a short-term issue."

"We have received the S & P report with satisfaction.No doubt, we must continue to work, because as you know, it is not very difficult to lose a risk clbadification, unfortunately in Chile in 2017. What it costs to recover it once lost, it's like trust. "19659007] According to the Public Finance Officer," what we need to do, is to show of seriousness and financial responsibility, and that is what is valued, these examples of financial accountability that we have given and the new tax institutions are valued in this report. "