More demonstrations on the way
Around 200,000 demonstrators are reportedly expected in Santiago today and tomorrow to demand social justice and an ‘advance’ in democracy. The protests are being organised by the Confederation of Workers of Chile (CUT) and around 80 other unions and organisations.
Students are also expected to join the demonstrations wanting a better quality and free education system. President Piñera proposed an education reform package earlier this month which includes $4 billion more spending, more financial help for students and a cut in student interest rates for loans from 5.6% to 2%.
Further demonstrations are expected on 11th September the date of the 1973 coup against the Salvador Allende government.
Meanwhile, Finance Minister, Felipe Larraín Bascuñán, has said that the economy will grow by around 6.5% in 2011 and about 5% in 2012. Chile is one of a small number of countries in South America showing such levels of growth.