Santiago, Chile, June 9, 2026 (AFP) - Chilean government abandons zero-deficit plan after protests

NAMPA / AFP
2026-06-10
The government of Chile's new right-wing President Jose Antonio Kast backed away from a campaign promise to erase the budget deficit after encountering strong resistance to its belt-tightening measures. Setting out the fiscal policy of Chile's most right-wing government since the 1973-1990 military dictatorship, Finance Minister Jorge Quiroz said he aimed to reduce the deficit progressively from 3.6 percent last year to 1.5 percent in 2030. Kast......
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