President Michelle Bachelet is announcing anti-corruption measures and launching a dialogue for a new constitution in the wake of scandals that have recently hit Chile.
Bachelet said Tuesday night that businesses will no longer be able to contribute in political parties and instead they will be financed by the State.
Chile’s corruption is among the lowest in South America. But trust in politicians and the business elite has been eroded after a bank loan scandal involving Bachelet’s son and a campaign financing scandal involving right-wing politicians and a prominent financial company.
Bachelet hasn’t provided details, but says plans for a constitutional reform will begin in September.
The current Chilean constitution dates back to the 1973-90 dictatorship of Gen. Augusto Pinochet.