Chile's middle class to get soft loans under new $1.5B virus bailout

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Chilean president Pinera announces new $1.5 billion package of measures to help keep the country's ailing middle class afloat amid coronavirus crisis

Nurses at the Critical Patients Unit check the intubation of a patient infected with Covid-19 at Barros Luco Hospital, in Santiago, on June 24, 2020.

The measures include access to zero-interest loans, subsidized rent and the ability to defer mortgage loan payments for up to six months, Pinera said in a televised speech.

 

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