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  "path": "/2026/06/01/president-kast-denounces-3.6-of-gdp-structural-fiscal-deficit-inherited-from-boric-administration?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss",
  "publishedAt": "2026-06-01T22:59:00.000Z",
  "site": "https://en.mercopress.com",
  "tags": [
    "Economy, Politics, Chile"
  ],
  "textContent": "Chilean President José Antonio Kast on Monday delivered his first annual Cuenta Pública address before the National Congress, based in Valparaíso, in a speech of two hours and twenty-five minutes centred on the country's fiscal situation and on criticisms of the outgoing administration of leftist Gabriel Boric (2022-2026). The president denounced that the incoming executive received a preliminary structural fiscal deficit of 3.6% of Gross Domestic Product, more than double the 1.6% committed to by the previous government, and characterized the situation as an \"economic emergency\" requiring urgent measures.",
  "title": "President Kast denounces 3.6%-of-GDP structural fiscal deficit inherited from Boric administration"
}