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AP National Business

Chile’s incoming cabinet: Women, youth and a nod to markets

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Published 9:19 AM

By EVA VERGARA
Associated Press

SANTIAGO, Chile (AP) — Chile’s  leftist President-elect Gabriel Boric has announced his first cabinet, giving a majority of posts to women and several to former student protest leaders. He’s also reassuring markets by naming the Central Bank chief as finance minister — a move that caused Chilean stocks and the peso to rise. Fourteen of the 24 new ministers are women, including Defense Minister Maya Fernández. She’s a granddaughter of Socialist President Salvador Allende, who was overthrown by a military coup in 1973. The Interior Ministry that oversees domestic security will go to Dr. Izkia Siches, who was recently head of the national medical association.

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