President Gabriel Boric enacts 2023 Budget Law and provides details of its main focus points
The President explained that the budget will focus on citizen, social and economic security. He also stressed that it will continue to tackle inflation and the rise in the cost of living, both of which are huge concerns for the population.
President Gabriel Boric participated in the ceremony to enact the 2023 Budget Law this Wednesday morning, accompanied by Treasury Minister Mario Marcel. He took the opportunity during the event to provide details of its main focus points and how they will be carried out.
The President stressed that the budget will focus on the population’s main concerns at the present time, such as economic, social and citizen security.
He explained that “an important part of this budget will go towards financing the Guaranteed Basic Pension, as well as policies that will allow us to continue tackling inflation and the rise in the cost of living, which we know are huge concerns and anxieties for our population at the moment.”
In relation to the above, he stressed, “we are creating jobs, promoting public investment and supporting the micro, small and medium-sized enterprises that carry the country forward and provide more than 50% of employment in Chile.”
On the subject of security, he President Boric indicated, “we are concerned about this and we are financing important security policies, with concrete plans to fight organized crime head-on and move forward in restoring peace to our neighborhoods.”
“I want to tell you that approving this budget is only the starting point. We currently have an extreme pension system that does not provide decent pensions to the vast majority of Chileans, especially to our country’s women, who have sacrificed themselves by working all their lives in unpaid jobs. That is why we have put forward a pension reform. Caring for others must be recognized, and we are doing this with the reform that we have presented the country,” he stated.
Lastly, the President insisted, “we know that people cannot keep waiting. For this reason, as with the budget, I want Chileans to be able to trust the political system to reach an agreement on the matter of pensions. Let us be capable of generating a cross-cutting agreement through frank dialogue, in order to implement the tax reform and better distribute the wealth generated in Chile, as well as the pension reform, which has no other goal but to improve current and future pensions in a substantive and immediate way, because older people cannot keep waiting.”