Mario Marcel’s 2024 Economic Projections

Here’s a breakdown of the key details ‍from the article, focusing on Mario Marcel‘s statements and projections:

key Points from Mario Marcel:

* Economy’s Recovery: Marcel believes the Chilean economy is on a path to recovery and will⁣ be able to stand “on its own strength, with⁢ its own feet.”
* Three Economic Shocks: He identifies three major shocks to the Chilean economy since 2019:
⁤ * The social ⁣outbreak (protests)
* The COVID-19 pandemic
* A “populist shock” – specifically referencing the widespread approval of ⁢pension fund withdrawals.He notes these withdrawals were approved with “large majorities” across the political spectrum.
* 2026 Projections:

* Growth: He predicts economic growth of around 3% in 2026.
* inflation: He anticipates inflation will fall below the Central bank’s target of 3% for‍ much of next year.
* Tax Cuts & Fiscal Deficit: he addressed the tax agenda of President-elect José Antonio Kast,⁤ which includes tax reductions and⁤ the elimination of contributions for first-time homebuyers. The article doesn’t⁢ detail his opinion on this, only that ⁢he addressed it.

Context:

* Marcel recently resigned as Minister of Finance (Hacienda) for personal reasons.
* The article links to other La Tercera articles for more detail⁣ on his resignation and Kast’s tax proposals.