Outgoing Piñera announces a 2014 tight budget for the next government

Monday, September 30th 2013 - 19:06 UTC

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The Chilean government plans to raise spending 3.9% next year, the second-smallest increase since 2003 and below the central bank’s forecast for economic growth in 2014. The budget will focus on employment, education, crime, poverty, children, pensioners and infrastructure, President Sebastian Piñera said in a televised address without giving details. Read full article

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Sergio Vega
That´s is a responsible Gvt. that take care of the fiscal finances....Otherwise, it will be a populist management of the nation, like the previous 20 years of Concertacion Gvts.
if the cooper price, our main resources income, is going down and the production cost are going up, it´s a clever measure to keep a healthy budget and growing the saving......Of course, the populist parties (lefties) don´t agree with this...
Sep 30th, 2013 - 09:44 pm - Link - Report abuse 0
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Ayayay
Rational governing, ftw.
Oct 01st, 2013 - 12:35 am - Link - Report abuse 0
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ManRod
Well done... let the others spend the money they do NOT own and see how they get out of it later. Greetings to Greece, Portugal, Ireland, Spain and soon Italy.
Oct 01st, 2013 - 02:10 pm - Link - Report abuse 0
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