Tax & Spend

Kast’s Campaign to Balance Chile Budget Gets Off to Tough Start

Chilean President Jose Antonio Kast — Chilean President Jose Antonio Kast
Photographer: Cristobal Olivares/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Carolina Gonzalez

April 17, 2026 at 12:00 PM UTC

Lea en español
Leia em português

Chile’s President José Antonio Kast went on TV this week and warned the nation it couldn’t keep racking up debts like it was — then outlined a series of tax cuts and subsidies that may widen the deficit in the near term.