Chile’s public debt is forecast to rise significantly if fiscal adjustments are not implemented, according to a recent report by the Fiscal Advisory Council (Carf). The committee projects net debt will reach 61% of GDP in 2026, a record high for the country. By 2027, gross debt could climb to 66.6% of GDP without corrective measures. The report also indicates that operational and investment spending will exceed the Ministry of Finance’s estimates by $39.6 billion. These findings raise concerns about the nation’s fiscal sustainability and the need for government action to control spending and manage debt levels. Carf’s assessment serves as a warning regarding the potential economic consequences of continued unaddressed fiscal imbalances. The projections highlight a growing gap between anticipated revenue and expenditure.