Chilean President-elect Michelle Bachelet has unveiled a cabinet containing an equal number of men and women.

Bachelet told reporters Monday the 10 men and 10 women represent a "historic step for equality" in Chile.

The cabinet includes members of parties that are part of the left-of-center coalition, Concertacion, that has governed Chile since the end of the military dictatorship of General Augusto Pinochet in 1990.

Among the cabinet members are former economist and finance minister Alejandro Foxley as foreign minister and Harvard professor Andres Velasco as finance minister.

The Reuters news agency quotes Velasco as saying Tuesday he will continue the economic policies of the outgoing government, which produced economic growth of six percent last year.

Bachelet, who was elected president earlier this month, will take office in March, succeeding socialist president Ricardo Lagos.

Some information for this report was provided by AP and Reuters.