Chile's government on Monday announced a $1.2 billion economic aid plan that includes bonuses and labor subsidies as the Andean nation struggles with surging inflation and an economic slowdown following a post-pandemic recovery. President Gabriel Boric, alongside Finance Minister Mario Marcel, said the plan includes a one-time $120 payment that would reach 7.5 million of the country's 19 million inhabitants. The plan also extends a benefit for mothers of newborns and expands a program to boost formal employment.
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