Prior to Finance Minister Jorge Quiroz, together with Budget Director José Pablo Gómez, formally delivering the 2027 Budget Bill to Congress this afternoon, the Secretary of State confirmed that the initiative includes a 1.5% increase in fiscal spending.
Although the figure had been shared by ruling-party lawmakers following the meeting held yesterday at Cerro Castillo, which was led by President José Antonio Kast, this is the first time Quiroz has made it official.
"What is important is that total spending expands by 1.5%, and basically that implies rather moderate growth, and of course the most important (ministries) are all increasing," he said.
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PulseFinance Minister Jorge Quiroz described the increase as moderate and stated that all the most important ministries will see growth. Jorge Quiroz Dedvi Missene CommentsBefore Finance Minister Jorge Quiroz, together with Budget Director José Pablo Gómez, formally delivers the 2027 Budget Law project to Congress this afternoon, the Secretary of State confirmed that the initiative includes a 1.5% increase in fiscal spending. Although the figure had been shared by ruling-party lawmakers following the meeting held yesterday at Cerro Castillo, which was led by President José Antonio Kast, this is the first time Quiroz has made it official. "What is important is that total spending expands by 1.5%, and basically that implies rather moderate growth, and of course all the most important (ministries) are increasing," he said. Developing storyMore on:2027 BudgetJorge QuirozNEWSLETTERPulse PMMonday to Friday, 12:30 PMThe most relevant news on markets, companies and business: timely information, context and content to make better decisions. By subscribing you are accepting the Terms and Conditions and Privacy Policies of La Tercera.