Chile 2027 Budget: Minimal Spending, Reallocation Priorities Amid Low Growth

The Chilean government is framing the 2027 budget around minimal spending growth, prioritizing reallocation over new expenditure amid low growth, 9.5% unemployment, and high debt. The Treasury is overseeing this shift under a 'spend better, not more' logic. This signals fiscal consolidation, which may weigh on growth but could support debt sustainability.