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Chilean Congress approves government Mega-reform initiative
BioBío ChileLO·CL · NG·about 3 hours ago
The Chilean Chamber of Deputies has initiated a legislative session to vote on a significant reform package proposed by the Kast administration. The outcome remains uncertain as the session is scheduled to conclude in the early afternoon.
The Chilean Congress has approved the core components of President Kast's 'Mega-reform' package, marking a significant legislative victory. However, specific provisions, notably property tax exemptions for citizens over 65 and the municipal common fund compensation mechanism, have been referred to a mixed committee due to legislative disputes, primarily with the PDG caucus. The government has also signaled plans for a new, unspecified tax reform.