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CHILE: Finance Minister Marcel Expects Public Debt Ratio To Stabilise Next Year

CHILE
EM BulletBulletGlobalEmerging Market NewsRegion
  • Following the unveiling of the 2025 budget proposal by President Boric on Sunday, Finance Minister Marcel has said in a local radio interview today that he sees a structural deficit of 1.1% of GDP next year, down from 1.9% this year.
  • He said that this would allow the public debt ratio to stabilise next year, after rising for 17 years, according to Bloomberg.
  • Marcel expects a significant rebound in investment next year, helping the economy to grow by 2.6%, while the recently approved tax-evasion bill will improve government revenues from next year, which has been factored into the budget.
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  • Following the unveiling of the 2025 budget proposal by President Boric on Sunday, Finance Minister Marcel has said in a local radio interview today that he sees a structural deficit of 1.1% of GDP next year, down from 1.9% this year.
  • He said that this would allow the public debt ratio to stabilise next year, after rising for 17 years, according to Bloomberg.
  • Marcel expects a significant rebound in investment next year, helping the economy to grow by 2.6%, while the recently approved tax-evasion bill will improve government revenues from next year, which has been factored into the budget.