Chile’s Velasco Says Global Slump Will Hit Exports, Financing

By Nathan Gill

     Jan. 29 (Bloomberg) — Chile’s Finance Minister Andres Velasco said a contraction in world demand will affect exports and increase the costs of financing for projects in Chile.
     A drop in 2009 global growth means a “more somber outlook” for Chile, Velasco said today in Davos, Switzerland, according to a statement e-mailed by Chile’s finance ministry.

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