A group of parliamentarians, led by socialists Daniel Manucelli and Daniela Cicardini, submitted a project to eliminate the relevance of indicators in certain procedures. Created on January 20, 1967, adjusted quarterly and then daily, UF’s retirement was discouraged by economists.
In parliament, pro-government lawmakers argued that given the economic outlook, Chile should abolish the Unidado de Fomento (UF), a theoretical “currency” that readjusts in response to inflation. ing.
Specifically, it calls for UF to be abolished, at least for payments of rent, tuition, mortgages, and private health care contracts.
Conversely, economists have dismissed this idea.
They explained that removing this indicator would have a negative impact on the supply of long-term credit. As a solution, he proposed that UF should also be considered in salary readjustment negotiations.
Discussion on UF
Long-term loans, insurance premiums and deductions, rent, tuition, college fees and dividends are all part of the contract most Chileans must undertake at Unidado de Fomento, which this week amounted to $36,000. surpassed the walls of
A group of parliamentarians, led by socialists Daniel Manucelli and Daniela Cicardini, submitted a project to eliminate the relevance of indicators in certain procedures.
Created on January 20, 1967, adjusted quarterly and then daily, UF’s retirement was discouraged by economists.
Rafael Romero, a professor at Alberto Hurtado University and an economist at PKF, explained one of the advantages of the development sector, warning that less supply of leases would reduce demand for construction.
Alvaro Acosta, director of corporate finance at OpenBBK, added that UF will help people not feel their assets diminish in value. He argued that its demise would affect long-term credit.
Economist Marcela Vera of the University of Santiago suggested that salary negotiations be centered around fluctuations in the UF to avoid losing purchasing power.
If this is not done, the possibility of specific contracts depending on the indicators, such as contracts related to social services, should be ruled out, he said.
