June 1, 2018 / 5:18 PM / 3 months ago

Chile's Pinera says corporate tax rate held to support social reforms

SANTIAGO, June 1 (Reuters) - Chilean President Sebastian Pinera said on Friday that he would keep the country’s corporate tax rate at current levels to help fund urgent social reforms amid efforts to tame a burgeoning fiscal deficit.

In the first speech to Congress of his second term as president, the conservative Pinera also said he would boost spending on public works projects to $20 billion between 2019 and 2022. (Reporting by Dave Sherwood, editing by G Crosse)

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