Quiroz avoids specific commitments on megareform changes

Finance Minister Jorge Quiroz tempered statements by his colleague José García Ruminot on possible adjustments to the National Reconstruction Plan, amid internal tensions in the ruling coalition.

On Wednesday, García Ruminot stated in a podcast that adjustments would have to be made to the initiative, including reducing tax invariability from 25 to 20 years and changes to the employment credit.

On Thursday morning, Quiroz replied that it could be those measures or others, or none, and reaffirmed the government's willingness to dialogue without advancing specific definitions.

García Ruminot later issued a statement focused on the need to move the project forward, while an internal government memo supported evaluating adjustments due to the tight fiscal scenario.

Senator María José Gatica criticized Quiroz's handling and called for García Ruminot to lead negotiations, though Senator Sergio Gahona urged maintaining coordination among the ministers.

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PDG deputies in conference room awaiting ministers' response on national reconstruction plan during virtual meeting.
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The bench of deputies from the Partido de la Gente (PDG) met on Monday with the Segpres minister, José García Ruminot, to present petitions related to the Plan de Reconstrucción Nacional. Lawmakers valued the government's openness and await positive news in a telematic meeting with ministers García Ruminot and Jorge Quiroz at 20:00.

Presidency Minister José García Ruminot stated that the corporate tax cut from 27% to 23% is 'irrenunciable' and the heart of the Reconstruction National bill, the key project of José Antonio Kast's government with over 40 measures. His comments sparked divided reactions: opposition demands splitting the tax reform from post-fire reconstruction measures, while officialism backs it to boost the economy. The bill will enter Congress next week.

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Chile's Finance Minister Jorge Quiroz reiterated on Wednesday understanding Housing Minister Iván Poduje's concerns over Ñuble and Biobío reconstruction amid budget cut tensions. Poduje signed off on continuing the pavements participativos program despite Hacienda's suggestions. President José Antonio Kast defended coordination within his government team.

The government and right-wing parties held calls and issued statements to reduce conflict after the announcement of a constitutional accusation against former Finance Minister Nicolás Grau.

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Opposition lawmakers announced plans to submit over two thousand amendments to the national reconstruction project pushed by President José Antonio Kast's government. The move drew accusations of legislative sabotage from the executive branch, while some opposition sectors distanced themselves from the strategy.

Economist and former Central Bank vice president Pablo García said the difference in the public debt projection is merely a matter of assumptions, not a calculation error. He stressed that the key issue is the ongoing fiscal stress in the Chilean economy.

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The new president of Chile's Christian Democrats (DC), Álvaro Ortiz, and former acting president Oscar Ramírez, sharply criticized the government during the 10th anniversary commemoration of Patricio Aylwin's death. They reaffirmed willingness to dialogue but rejected the imposition in discussing the National Reconstruction Plan. Ortiz stated the initiative has lost its original goal by becoming a miscellaneous law.

 

 

 

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