Tuesday, March 05, 2024
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Chilean budget focused on security and economic reactivation

Santiago de Chile, Nov 30 (Prensa Latina) The Chilean Congress approved the budget for 2024, addressing insecurity and achieving economic reactivation, the main priorities of the population. Next year's Budget increases public spending by 3.5 percent.

According to a recent survey, the citizen’s perception of insecurity in Chile reached its highest level; 90.6 percent of them perceive an increase in crime.

In a broadcast last night on national television, President Gabriel Boric announced a 5.7 percent raise in the budget to guarantee tranquility in the neighborhoods, fight drug trafficking, and recover public spaces.

In his speech, the president promised the purchase of over a thousand new police vehicles, the reinforcement of the plan “Streets Without Violence” and the program against organized crime. Boric also said that the Government is working to overcome the complex economic situation inherited from the Covid-19 pandemic.

Inflation dropped from 14.1 percent in 2022 to five percent this year, and is estimated to be around three percent next year, he said. However, he admitted that there are many families who find it difficult to make ends meet and even more so if they suffer any unexpected emergency.

Boric also promised the creation of over 100,000 new formal jobs next year, continuing advancing in increasing the minimum wage and expanding the so-called electronic family pocket, which has helped nearly three million people.

The State’s spending and income plan also foresees an increase of 8.1 percent in the area of health to reduce the time on waiting lists, in which people must wait up to over a year to be treated by a specialist or undergo surgery.

Based on the president’s broadcast, the government will pay more attention to the challenges in Local Education Services following the 82-day strike in the Atacama region, which highlighted the poor conditions in educational centers.


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