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Chile's Boric taps close ally Grau as finance minister after Marcel’s surprise exit

Chile's finance minister Mario Marcel, considered a stabilizing and pragmatic figure in President Gabriel Boric's administration, resigned on Thursday amid a wider cabinet reshuffle, APA reports citing Reuters.

In a ceremony at the presidential palace in Santiago, Boric said Marcel was resigning due to personal reasons and replaced him with Economy Minister Nicolas Grau.

"Our government is going to keep advancing with fiscal responsibility," Boric said, adding that his goal was to provide long-term stability to the country. "In this change, there's also continuity."

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