Aged 36, Boric takes over the reins of a country clamouring for change following mass protests in 2019, which he supported, against deep-rooted inequality in income, healthcare, education and pensions.
The revolt, which left dozens dead and hundreds injured, was the catalyst for a process now under way to rewrite Chile’s dictatorship-era constitution.
Boric has vowed to relegate “to the grave” Chile’s neoliberal economic model, which dates from the era of military despot Augusto Pinochet and is widely seen as sidelining the poor and working classes.
One per cent of Chile’s population owns about a quarter of its wealth.
Despite concern over his Frente Amplio (Broad Front)’s political alliance with the Communist Party in a country that traditionally votes for the centre, Boric won a surprise runaway election victory last December.
He succeeded in mobilising women and the youth, with a record voter turnout giving him nearly 56% of the vote to beat far-right Pinochet apologist Jose Antonio Kast.
The men, polar opposite political outsiders, had polled neck-and-neck ahead of the vote.
As the stock exchange dropped on news of Boric’s victory, he vowed in his first official address to “expand social rights” in Chile, but to do so with “fiscal responsibility”.
Boric took the oath yesterday in Valparaiso, the seat of Congress, in a suit but no tie, appearing to holding back tears of emotion as he received the presidential sash from his predecessor Sebastian Pinera.
He expressed a “great sense of responsibility and duty to the people” of Chile.
“We will do our best to rise to the challenges we face as a country,” the new president said.
A lawmaker since 2014, millennial Boric inherits an economy ravaged by the coronavirus outbreak.
Much of 2021’s GDP growth was fuelled by temporary pandemic grants and stop-gap withdrawals allowed from private pension funds.
Related Story
