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Financial News: CHILE: Guillier And Piñera Face Second Round For

CHILE: Guillier And Piñera Face Second Round For Presidency On Sunday

12/17/2017 - 22:39:00 (RTTNews)

(RTTNews) - The ruling candidate Alejandro Guillier and the conservative former President Sebastián Piñera will face each other on Sunday for the presidency of Chile in a hard-fought ballot, in which the continuity of the center-left reforms are challenged by Piñera's promises for greater economic growth.

Piñera achieved 36.6% of the votes in the first round, while the Senator Guillier won 22.7% of the vote. Although both candidates would maintain the free market model, Piñera intends to reverse the tax and social reforms promoted by the current president Michelle Bachelet. If elected, Piñera promises to double the growth of the economy.

Meanwhile, Guillier seeks to shield Bachelet's economic and social reforms and has promised to focus on deepening free education access, ending the monopoly of the Pension Fund Administrators (AFP) and promote a new Constitution for the South American country.

The main pollers in the country indicate a too close to call scenario. Cadem's survey shows Piñera with 40% and Guillier with 38.6%, while Criteria gives 47% for Piñera and 45% for Guillier.

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