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Copper Economy to Crime: Chile’s Boric Battles Legacy Erosion Ahead of 2025 Vote

  • President Gabriel Boric announced a major pension reform in March 2025 raising employer contributions and creating a public fund in Chile.
  • The reform responded to persistent economic challenges, rising crime, and stalled tax reforms amid divided politics and public discontent.
  • Chile’s economy remains copper-dependent, homicide rates climbed 32% to 1,322 incidents in 2024, and inflation reached 5.8%.
  • Boric’s approval rating stands at 22%, while opposition candidate Evelyn Matthei leads polls by emphasizing security and fiscal restraint.
  • The pension overhaul and social reforms face potential reversal as November’s election likely centers on crime and economic stability concerns.
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Lean Left

The Chilean president, Gabriel Boric, will address the nation on Sunday, June 1, in his fourth and last Public Account before Congress, a republican tradition that is celebrated once a year in the South American country. The speech of the leftist president will have a special meaning: in nine months, in March 2026, he ends his four-year period, so few surprises are expected in his speech: there is little time left to go. Everything indicates, th…

·Spain
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Lean Right

There are only a few hours left for President Gabriel Boric's last Public Account, where he will have to detail the Congress and the...

·Chile
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Lean Right

Tomorrow President Gabriel Boric will give his expected last public account.This is a key milestone in the republican life of our country, but from the perspective of his political project is a fundamental moment, although not for the reasons he imagined in March 2022.This account is profiled as a rescue operation: to save Private Boric.The public accounts are traditionally the time to highlight successes and project the remaining months of gove…

·Chile
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Less than a year after the end of the government of Gabriel Boric, it is time to evaluate the economic legacy that will leave Chile. Although there are advances in certain areas, the general balance raises serious doubts about the sustainability and direction of the country. The government assumed with a dollar about 670 Chilean pesos, but the projections for 2025 place it around 900 pesos, with peaks that have exceeded a thousand pesos in momen…

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In a new chapter of Economic Agenda, we talked about the criticism made by the Confederation of Production and Trade (CPC) to the public account of President Gabriel Boric. In addition, in this edition, we will know details about the projections of copper in voice of Victor Garay, coordinator of the Mining Market of the Chilean Commission of Copper (Cochilco). “In contrast to what we did in early 2024, when we projected a copper price of 4.25 do…

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pnt.cl broke the news in on Friday, May 30, 2025.
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