Chile’s Presidential Race Heats Up as Top Economists Rally Behind Carolina Tohá

Chile’s 2025 presidential election is becoming a defining contest of economic visions, and center-left candidate Carolina Tohá has taken a significant step to bolster her campaign. On April 20, 2025, Tohá—a former interior minister—secured the support of a high-profile team of economists, a move aimed at winning over centrist voters despite her current position in the polls.

A Strategic Alliance with Economic Heavyweights

Tohá’s campaign gained substantial credibility with the addition of some of Chile’s most respected economic experts. Leading the group is Andrés Velasco, a former finance minister renowned for his pragmatic policies during his 2006–2010 term. He is joined by Nicolás Eyzaguirre, another former finance and economy minister with deep experience in Chile’s growth periods. The team also includes Pablo García, a former central bank official, and Roberto Zahler, who led the central bank in the 1990s.

This alliance is more than symbolic—it signals Tohá’s focus on economic stability and her appeal to voters concerned about Chile’s financial future. With inflation and global uncertainty as key issues, her collaboration with these experts suggests a shift toward moderation, distancing herself from more radical elements within her coalition.

Why This Move Matters

Currently trailing in the polls, Tohá has faced criticism over her ability to handle complex economic challenges. By aligning with figures like Velasco and Eyzaguirre—both seen as steady and experienced—she is making a direct appeal to centrists and the business community. As one political analyst noted, this move is about trust as much as policy. These economists reassure voters that Tohá will avoid unpredictable economic shifts.

The timing is also critical. Chile’s election is intensifying, with economic policy at the center of debates. While some candidates advocate for sweeping reforms, Tohá’s team is positioning her as a candidate of balance—progress without instability.

What’s Next for Tohá’s Campaign?

With this new economic advisory team, Tohá is betting that expertise will translate into voter confidence. However, the question remains whether it will be enough to close the polling gap. Her opponents are likely to reinforce their own economic messaging, setting the stage for a high-stakes battle over Chile’s financial direction.

One thing is certain: in a race where credibility is paramount, Tohá has made a significant investment. Whether voters respond to that trust will determine her campaign’s trajectory.

For more insights on Chile’s election and global political trends, stay tuned for further analysis.