Socialist Party of Chile Socialist Party of Chile The Socialist Party of Chile (, or PS) is a political party within the centre-left Nueva Mayoría. Its historic leader was President of Chile Salvador Allende, who was deposed in a coup d'état by General Pinochet in 1973. Twenty-seven years later, Ricardo Lagos Escobar represented the Socialist Party in the 1999 presidential elections. He won 48.0% in the first round of voting and was elected with 51.3% in the second round. In the legislative elections on 16 December 2001, as part of the Coalition of Parties for Democracy, the party won 10 out of 117 seats
Ministry of Finance (Chile) Ministry of Finance (Chile) The Ministry of Finance of Chile () is the cabinet-level administrative office in charge of managing the financial affairs, fiscal policy, and capital markets of Chile; planning, directing, coordinating, executing, controlling and informing all financial policies formulated by the President of Chile. The current Minister of Finance is Mr. Felipe Larraín Bascuñán. In 1814 the Secretary of Finance was created, as Supreme Director Bernardo O'Higgins sought to develop an administrative framework for the then newly formed nation, considering the need to ascertain its independence from the Spanish crown. The office was first organized by a Presidential