Categories: International

Gabriel Boric elected as youngest-ever President-elect of Chile

35-year-old, Gabriel Boric, has won Chile presidential elections, to become the youngest-ever President-elect of Chile. He defeated his opposition Jose Antonio Kast in the elections. Gabriel Boric will assume office in March 2022, will become the youngest president in Chile’s history. Official results gave Mr Boric 56% of the votes against Mr Kast’s 44%. Mr Kast conceded defeat barely an hour-and-a-half after polls closed, and with around half of ballots counted.

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The president-elect also promised to block a controversial proposed mining project which he said would destroy communities and the national environment. Chile’s currency, the peso, plunged to a record low against the US dollar after Mr Boric’s victory. Stock markets fell by 10%, with mining stocks performing particularly badly.

Important takeaways for all competitive exams: 

  • Chile Capital: Santiago;
  • Chile Currency: Peso;

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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