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March 15, 2022
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President Boric reiterates ruling out the fifth withdrawal: “It would only enhance inflation”

President Boric reiterates ruling out the fifth withdrawal: "It would only enhance inflation"

President Gabriel Boric He referred this Monday night to the possibility of a new withdrawal of pension savings. In this regard, the head of state stated that he never promised it in the campaign and that the measure “would boost inflation.”

“First we have to rebuild the pension system, and that pensions stop being a business and become a right. And for that we cannot continue telling workers to pay for crises with their own savings. We have to encourage saving,” said Boric on the program “Las Caras de la Moneda” of T13.

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“We have a situation of inflation, that a new withdrawal would only enhance and therefore make people poorer. A new withdrawal would be a mirage,” he added.

“I never promised it in the campaign. It is my role as President of the Republic to say things that are sometimes unpopular,” added the President.



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