Chile | Although fiscal deficit closed at 2.2% in 2015, room for maneuver will narrow
Published on Monday, February 1, 2016 | Updated on Sunday, July 15, 2018
Chile | Although fiscal deficit closed at 2.2% in 2015, room for maneuver will narrow
Summary
Due to positive surprises in non-cyclical revenues (related to one-timers in both tax reform and anti-trust fines) and an under-execution in government investment, effective fiscal deficit reaches a 2.2% of GDP in 2015 while structural balance reaches a deficit at 0.3% of GDP, below of government projection in September 2015.
Geographies
- Geography Tags
- Latin America
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Aníbal Antonio Alarcón
Cristóbal Gamboni
Hermann Esteban González
Jorge Selaive
Documents and files
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