Chile's government is proposing a 2.7% annual increase in its 2025 budget, President Gabriel Boric said on Sunday, saying the government will boost pensions, healthcare and focus on increasing national security.

Chile President Gabriel Boric unveiled the 2025 budget proposal with a 2.7% increase in spending and a strong focus on fighting crime, a topic that represents voters’ top concern heading into an election year.

Chile President Gabriel Boric unveiled the 2025 budget proposal with a 2.7% increase in spending and a strong focus on fighting crime, a topic that represents voters’ top concern heading into an election year.