Updated

Michelle Bachelet is widely expected to return to Chile's presidency by beating conservative rival Evelyn Matthei in Sunday's runoff vote.

Here are some of their main policy proposals:

BIG REFORMS: Bachelet proposes $15 billion in new spending, mainly on education and health care. She's also answered widespread student protests by vowing to raise corporate taxes to partly pay for the education overhaul. She plans to legalize abortion in some cases and launch a national debate on gay marriage.

STAY ON COURSE: Matthei says Chile must continue the business-friendly policies of outgoing center-right President Sebastian Pinera, which include funding government programs with income from the country's improved economy and not by raising taxes. Matthei points out that Chile's robust economy thrived amid low unemployment during Pinera's term.