Chile Drops Its Balanced-Budget Pledge in New Fiscal Decree
13 Articles
13 Articles
The change in the fiscal balance goal set by the government to 2030 provoked several reactions.In the streaming program of La Tercera, former Budget Director Matías Acevedo said that "reality is imposed" and pointed to the government authorities of former President Gabriel Boric. "The change in the goal is brutal and that responds to the fact that the authorities that at the time discussed and defended the Budget (2026) did not hear timely all t…
Chile Drops Its Balanced-Budget Pledge in New Fiscal Decree
Chile · Economy Key Facts — Promise dropped. Chile’s government has formally abandoned its campaign pledge to balance the budget by 2030. — The new path. A June 9 decree sets a falling deficit target, from about 2.6% of output this year to roughly 1.5% in 2030. — Debt ceiling held. The government keeps its […] The post Chile Drops Its Balanced-Budget Pledge in New Fiscal Decree appeared first on The Rio Times.
Santiago, Chile. The government of the ultra-rightist José Antonio Kast acknowledged on Tuesday that Chile will not reach the promised fiscal balance and will end its administration with a deficit of 1.5% of GDP, while its popularity is declining.In the presentation of a fiscal policy decree, Finance Minister Jorge Quiroz said that they would reduce the deficit progressively in the coming years from 3.6% of GDP to “1.5% in 2030.”It is a turn fro…
Minister Jorge Quiroz presents the fiscal policy decree for the period 2026-2030
The Minister of Finance, Jorge Quiroz, presented the Fiscal Policy Decree for the four years of the President's government...
Chile Finance Minister Backs Off Key Budget Goal as Debt Rises
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