Chile Asks Congress for US$25 Billion Debt Ceiling
15 Articles
15 Articles
The presentation of the draft Budget Law 2027 by the administration of President José Antonio Kast marks a turning point in Chilean fiscal policy, proposing a growth in public spending of just 1.5% with the argument of accelerating investment in a fiscally responsible manner. Under this premise of consolidation and ... Continue reading "The tijeretazo to the digital age and the moral contradiction of fiscal adjustment"
La Moneda's rigorous fiscal plan clashes with the country's social reality, unleashing massive citizen protests on Chilean streets.
This figure is higher than what was requested in Gabriel Boric's last government budget, which was $17.4 billion.
Kast defends the revision of programs: «Every weight recovered will go to the most needy» President José Antonio Kast defended the budgetary review of the social programs, since «every weight that will recover from misuse will go to the most needy sectors».During his speech at the Summit País Digital event, the [...] The entry <font color="#0ac600">Chile</font> President José Antonio Kast formally presented the budget 2027, requesting the legis…
The Government’s draft Budget Law 2027 provides for an authorization to enter into obligations of up to US$25 billion over the next year, raising the debt ceiling again after the Executive had already requested Congress this year to extend the margin originally set for 2026. According to the site Here and [...]
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