Key facts
- The plan aims to create 100,000 jobs through infrastructure, reconstruction, housing, and community projects.
- The initiative mobilizes 1.3 trillion Chilean pesos in investment and employment measures.
- Unemployment in Chile has remained above 8% for 43 consecutive months.
- Chile's unemployment rate hit 9.5% in July, the highest since the COVID-19 pandemic in 2021.
Santiago, Chile - Chilean President Jose Antonio Kast announced on Monday a $1.3 billion plan aimed at generating 100,000 jobs through investments in infrastructure, reconstruction, housing, and community projects. The government stated that the plan will mobilize 1.3 trillion Chilean pesos in investment and employment measures, with effects anticipated over the coming months and through 2027.