Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Chile Proposes 9.4% Spending Increase on Education in 2013

Sept. 30 (Bloomberg) -- Chile’s government has proposed a 9.4 percent increase in real terms in education spending in its 2013 budget legislation, President Sebastian Pinera said today in a televised address to the nation.

Outlays on education would increase by $1.2 billion to $12.8 billion, allowing the government to reduce interest rates on student loans and increase the number of scholarships, he said.

Pinera said on Sept. 10 the budget would propose a total spending increase of about 5 percent over 2012. Congress has until the end of November to vote on the budget.

To contact the reporter on this story: Randall Woods in Santiago at rwoods13@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.