Search news
Government to seek bids for weather radars and tsunami warning systems in 2027 Budget
Following rains associated with Super El Niño, Undersecretary Máximo Pavez said purchasing monitoring equipment requires a large investment.
Grau alleges 30% cut to employment subsidies in 2027 budget
Boric’s former minister says Kast’s proposal prioritizes current spending over public investment, which would grow by only 1.6%.

2027 budget cuts funding for Chile’s climate commitments by 60%
The Ministry of the Environment defends the adjustments on grounds of underspending and says Escazú will continue to be implemented despite losing its budget line.
Fitch welcomes the 2027 budget adjustment but questions whether it will last
The ratings agency maintains Chile’s A- rating and attributes the fiscal improvement more to copper and lithium than to the government’s spending cuts.
2027 budget grows between 1.5% and 3.5% depending on the baseline used by the Ministry of Finance
The increases for Health, Public Works, Housing and Security add up to more than all the additional spending in 2027 compared with expected spending in 2026.
2027 budget cuts Environment Ministry's climate change funding by 57%
The bill halves support for renewable energy while the Magallanes gas subsidy remains the Energy Ministry's largest budget item.

Study finds $325 billion in cuts to 48 social programs for 2027
Employment subsidies, Yo elijo mi PC and childhood programs are among those most affected in the proposed 2027 Budget, according to Horizonte Ciudadano.
Chile's unemployment rate reaches 9.6%, the highest in South America
Recent graduates and women over 45 take the longest to find work, while the 2027 Budget cuts employment funding.
Fedetur says international tourism promotion funding remains at US$7 million for 2027
The tourism industry group says the government failed to keep its promise to restore funding, while Brazil invests nearly seven times as much.
Government to increase mining safety budget after 13 deaths in 2026
Sernageomin aims to reach 13,000 inspections a year by the end of 2027, although the government has yet to announce how much funding it will add.

Dollar near $1,000 and fuel subsidy worry Finance Ministry
Minister Jorge Quiroz faces pressure from his own political camp to spend more, while unemployment reaches 9.6% and mining drags down the economy.
Santander chief economist forecasts zero growth in 2026 and a 3.5% rise in 2027
Andrés Sansone blames the mining downturn and stagnation in the rest of the economy, and warns that inflation risks have increased.
Empresas x Chile backs technical and vocational internships to boost youth employment
Susana Jiménez of the CPC called for restoring the labor market during a discussion with Minister Arzola and the general manager of Banco de Chile.
Antofagasta Minerals increases copper production by 7% and maintains its 2026 target
The Luksic group's mining company has produced 436,900 tonnes so far in 2026, down 8.3% from last year, and is counting on a stronger finish to meet its target.