Bloomberg News

Chile Government to Submit $63 Billion Budget Bill, Tercera Says

September 26, 2012

Chile’s government will propose $63 billion of public spending in the 2013 budget bill that must be sent to Congress this month, newspaper La Tercera reported today, citing Patricio Melero, president of the pro-government UDI political party, and Christian Democrat Congressman Jose Miguel Ortiz.

Next year’s budget, which Ortiz said would boost expenditures by 5 percent over 2012, will put emphasis on education, health care, public safety and energy, the Santiago- based newspaper reported, citing Finance Minister Felipe Larrain.

To contact the reporter on this story: Randall Woods in Santiago at rwoods13@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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