The President called on lawmakers to work on passing a series of reforms aimed at meeting protesters' demands, including raising the minimum wage., Xinhua news agency reported.
Demonstrations initially broke out in last October against a hike in subway fares in the capital Santiago, then spread across the country as Chileans expressed their discontent with the high cost of living, lack of public services and growing inequality.
Following months of often violent anti-government demonstrations, officials are bracing for another nationwide protest in March to continue pressing for better public services.
In response, Pinera's administration has organized a plebiscite in April on whether or not to change the Constitution to better address the growing wealth gap in one of Latin America's leading economies.
"Our government is going to guarantee this plebiscite, and it is also going to respect the decision that Chileans freely and independently make on April 26," said Pinera.
--IANS sdr/