July 23, 2020 / 10:58 PM / 22 days ago

Chile President Pinera will sign pensions withdrawal bill into law

SANTIAGO, July 23 (Reuters) - Chilean President Sebastian Pinera on Friday will sign into law a bill allowing citizens to withdraw up to 10% of their pension savings to help ease the economic impact of the novel coronavirus outbreak, the government said in a statement on Thursday evening.

The statement said the president, whose government staunchly opposed the opposition-led bill, wished to demonstrate his “intention and will to facilitate and expedite” the emergency relief measure. (Reporting by Aislinn Laing; Editing by Leslie Adler)

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