Finance Minister Jorge Quiroz pointed to serious errors in the previous administration's calculations, raising the projected fiscal deficit for this year to 2.4 points of GDP.
According to the Public Finance Report, Minister Quiroz corrected the calculations and determined that Chile would end the year with a deficit of 2.4 points of GDP instead of the 1.5 originally forecast.
The announcement comes amid discussions on increasing public debt and a major fiscal reform.
The report highlights that the detected errors correspond to the previous administration and affect the current projections of President José Antonio Kast's government.
