Budget Director admits that it will be “insurmountable” to legislate to reduce spending permanently

The director of the Directorate of Budgets (Dipres), Javiera Martínez, described as ambitious the plan and projections presented by the government of President Gabriel Boric. This to succeed in moving from a structural fiscal goal of -1,1 % of the Gross Domestic Product (GDP) for this year to one of -1,6 % of GDP and postponing the arrival on balance by 2029. “The government is committing itself to an important adjustment. Then it is unwise to m…

An intense week was that of the Budget Directorate, on the one hand for the delivery and publication of the report of the public finances of the first trimester of 2025. In addition, its director Javiera Martínez explained the fiscal figures in a seminar at the Center of Public Studies. This and more in a new Economic Agenda, with Nicolás Paut.

The presentation on public finances that the Director of Budgets, Javiera Martínez, presented to the Finance Committees of the Senate and the Chamber of Deputies during this week, resulted in a embarrassment. First, because the pages were allegedly misnumbered and what was displayed on screens was not the same as sent to the parliamentarians, and second, because of projections of unclear revenue and expenditure. One more of the authority and by …

The Director of Budgets, Javiera Martínez, insisted that a variety of actions are required to generate fiscal space.