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Minister Quiroz Confirms Dramatic Downturn in Chile's Economic Projections: Growth for 2026 Slashed From 2.1% to 0.7%

Summary by El Ciudadano
El Ciudadano Original article: Quiroz confirma fuerte derrumbe en la proyección económica: crecimiento para 2026 cae de 2,1% a 0,7% Finance Minister Jorge Quiroz has confirmed a dramatic downturn in economic projections for Chile, noting that the growth forecast for 2026 has plummeted from 2.1% to 1.8%, and finally to 0.7%. «2026 is projected to be the […] La entrada Minister Quiroz Confirms Dramatic Downturn in Chile’s Economic Projections: Gro…

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In exposure he also reaffirmed the downward adjustment of economic growth for this year from 2.1 to 0.7 per cent.

·Las Condes, Chile
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The Minister of Finance, Jorge Quiroz, began Monday the processing of the Budget before the Joint Special Commission in Congress, in which he projected an economic expansion of only 0.7% by 2026 and defended a request for public debt for 25 billion dollars. During its presentation at the [...]

In presenting the State of Public Finance 2026, the Secretary of State explained the fundamentals of the economic program and the advances to facilitate projects, expand funding and support the creation of jobs.

The Public Finance Report of the third quarter cut the growth projection for 2026 from 1.8% to 0.7%, due to the fall of mining and the temporary ones of July.

The Minister of Finance, Jorge Quiroz, was present at the 2027 Budget process at the Joint Special Commission held in Congress. According to Radio Cooperativa, the authority said that “we expected growth of the order of 2%, however, did not happen.” “The slowdown is largely explained by environmental conditions, exogenous, very [...] This article Minister Jorge Quiroz: “We expected a growth of the order of 2%, however, did not happen” was origin…

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La Tercera broke the news in Las Condes, Chile on Tuesday, October 6, 2026.
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