Public finances
Chile's Consejo Fiscal Autónomo (CFA) issued a critical report on President José Antonio Kast's megarreforma, warning of persistent fiscal deficits and nine direct risks to public finances. President Paula Benavides stressed that the impact hinges on realizing projected economic growth. The government said it will review the report.
Imeripotiwa na AI
Chile's Dirección de Presupuestos (Dipres) reported that the Government's gross debt hit US$158.215 billion by the end of Q1 2026, or 42.6% of GDP. Fiscal cash reserves fell to US$597 million, as fiscal revenues rose 0.9% in real annual terms and public spending 0.7%. The report notes heterogeneous performance driven by mining.
Cali's mayor's office has introduced a 15% discount on the unified property tax for 2026, valid until April 30, to encourage early payments and bolster municipal finances. The initiative aims to ease the financial burden on taxpayers while funding public works and services.
Imeripotiwa na AI
Las Ceibas Empresas Públicas de Neiva has concluded 2025 with exceptional results, highlighted by the inauguration of the Real-Time Monitoring Center, a technological tool to enhance water supply in the city. This center enables predictive control of water resources, detecting leaks and remotely operating valves. The entity also reported historic revenues and robust investments in infrastructure.