
Chile's President Gabriel Boric announced on Thursday a $3.7 billion economic recovery plan that includes a hike in the minimum wage, subsidies and financing for sectors of the economy still battling fallout from the COVID-19 pandemic.
Key goals of the plan, the president said, include creating 500,000 jobs and raising the current monthly minimum wage of 350,000 pesos ($434) to 400,000 pesos ($496) by the end of the year.