Member
Current
Advisory Committee Of Potential Gdp
Santiago Metropolitan, Chile
Since 2001 the Chilean central government has applied structural balance fiscal rule. This rule requires estimating the government’s long-term revenues. In this context, since 2002 and prior to drafting the Budget Law, the Minister of Finance has convened this Committee composed of independent economists, which provides the inputs for the potential GDP growth estimation, a key parameter for estimating the government’s long-term revenues. Thus, this high-level technical instance has preserved the independence of the potential GDP growth estimation.• Provide the inputs for estimating the Chilean potential GDP growth