Economics

Chile Votes in Election Likely to Usher Pinera Back to Power

  • Billionaire and former President Pinera is favorite to win
  • First results to come as early as 7 p.m. Sunday evening
Sebastian Pinera.Photographer: Cristobal Olivares/Bloomberg
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Chile voted Sunday in an election that is likely to usher billionaire Sebastian Pinera back into the presidency on pledges to cut taxes and double economic growth, though he probably won’t win by enough to avoid a second round on Dec. 17.

Voting finished at 6 p.m. (4 p.m. EST), with the first official results expected at about 7 p.m. from the Electoral Service. There are no exit polls in Chile. Congressional elections are being held at the same time.