Chilean deputy analyses savings practices
Only 16.9% of the Chilean population has savings
To boost savings, the Central Bank of Chile should consider "granting greater flexibility to promote savings accounts in a context of low inflation and interest rates", according to an economic policy paper published yesterday by the institution.
In Reflections on the practice of saving in Chile, Enrique Marshall, the central bank's deputy governor, analyses savings indicators in the country, noting these "are similar to those in Latin America and the Caribbean overall, but clearly lower than
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