Former ministers discussing reconstruction project amid fiscal concerns.
Former ministers discussing reconstruction project amid fiscal concerns.
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Ex-officials and CFA urge government to agree on reconstruction project after fiscal alert

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The Autonomous Fiscal Council warned that the reconstruction project creates deficits until 2031. Former ministers like Mario Marcel and José de Gregorio called for a broad agreement to reduce uncertainty.

The Senate Finance Commission received a new report from the Autonomous Fiscal Council on Monday. Paula Benavides, CFA president, stated that the fiscal deficit from the project's measures would persist at least until 2031. Benavides recommended an agreement containing measures to close the current deficit and keep debt below its prudent level. Mario Marcel, former finance minister, warned that approval by a narrow margin would not clear tax uncertainty. José de Gregorio, former Central Bank president, valued the corporate tax cut but flagged fiscal risk. Opposition senators such as Paulina Vodanovic proposed a technical table similar to the one for the pension reform.

What people are saying

Discussions on X focus on the CFA's warnings of fiscal deficits from the reconstruction project until 2031, urging fiscal caution and broad agreements. Economists and media outlets express skepticism about long-term risks and call for technical reviews, while the official CFA account details its Senate presentation on deficits and uncertainties.

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The Chilean Association of Municipalities accused Finance Minister Jorge Quiroz on Monday of showing no willingness to dialogue on the contributions project and requested to halt its processing until it is guaranteed that there will be no decrease in municipal revenues.

 

 

 

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