Home » Legal developments » National legislation » Chile: the government and the opposition agree on a ‘Covid agreement’ to address the economic and social impact of the pandemic Chile: the government and the opposition agree on a ‘Covid agreement’ to address the economic and social impact of the pandemic Late into the night of 14 June, and after weeks of tough negotiations, Sebastián Piñera’s (liberal right) government came to an agreement with the main opposition parties (Socialist Party, Party for Democracy, and Christian Democracy Party), over an ‘Emergency Plan Framework Agreement for the Protection of Family Income and the Reactivation of the Economy and Jobs.’ To this end a new $12 billion program will be set up to finance this extraordinary ‘Covid fund’, which over a 24-month period will be aimed in particular at encouraging hiring, career transition, and training. Through . Published on 17 June 2020 à 11h45 - Update on 17 June 2020 à 11h45 Resources Earlier in March, the government earmarked $12 billion for its ‘Economic Emergency Plan’, but both the sum and the measures taken proved insufficient, while the economic crisis continued to gain ground nationwide. This new ‘Covid agreement’ that has been sealed with the center-left opposition should quickly secure Parliamentary approval in the coming days.… Managing the fallout of Covid-19 Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels