Jorge Quiroz presents president-elect José Antonio Kast's economic plan, emphasizing growth and microeconomic measures, to applauding Sofofa council members.
Immagine generata dall'IA

Jorge Quiroz presents Kast's economic plan at Sofofa

Immagine generata dall'IA

Jorge Quiroz, economic coordinator for president-elect José Antonio Kast, presented on Wednesday to the Sofofa council an economic plan based on freedom, return, and dignity, stressing that all ministerial decisions will prioritize economic growth. The focus is on concrete microeconomic measures to boost development, which drew applause from attendees. This takes place amid Kast's transition activities, including protocolary meetings with authorities.

Jorge Quiroz, the main economic advisor to José Antonio Kast, presented on Wednesday to about 60 Sofofa councilors the economic program for the incoming government. The presentation came a day after Kast's trip to Argentina, where the possible incorporation of Argentine Vice Minister José Luis Daza as 'triminister' of Economy, Mining, and Energy was mentioned.

Quiroz outlined a plan based on three principles: freedom, to facilitate entrepreneurship without state direction; return, rewarding profitability; and dignity, promoting a positive culture toward entrepreneurs. He stressed that all ministerial decisions will be subordinated to economic growth, with the Ministry of Finance as the central axis, replacing the current interministerial coordination.

The speech focused on microeconomic measures, such as adopting the Japanese model for regulating land use in housing based on demand; creating tax credits for employment in SMEs and service exports; lowering the corporate tax rate without specifying the amount; assuming good faith in permitting processes; and combating informal credit by adjusting the Conventional Maximum Rate (TMC). He recommended prioritizing actions by decree to speed up execution, citing the book 'Execution: The Discipline of Getting Things Done'.

Attendees applauded the practical approach. Quiroz told the press: 'We talked about the future, presented our economic program, and answered questions'. An attendee noted: 'Those with an entrepreneurial mindset prefer micro over macro'.

Meanwhile, Kast held protocolary meetings at 'La Moneda chica' with Archbishop Fernando Chomali, Armed Forces commanders, and police chiefs. Chomali gave a nativity scene and book, and supported austerity in living at La Moneda: 'Everything that is a sign of austerity... is very welcome'. Carabineros General Marcelo Araya confirmed discussions on security.

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