Chilean President Jose Antonio Kast announced a new legislative reform plan that includes more than 40 measures intended to break what he described as a cycle of stagnation, Reuters reported on April 15. The measures include plans to gradually reduce the corporate income tax from 27% to 23%, reconstruct over a thousand homes destroyed in forest fires, and provide tax benefits on the sale of new homes.

The package also includes a plan to accelerate the issuing of environmental permits for extractive industry projects. Left-wing opposition groups accused Kast of attempting to pass a disguised reform to reduce tax revenue. Authorities aim to pass the reform by September so it can be incorporated into the year-end budget.