Chile/ 5.1 General legislation  

5.1.3 Allocation of public funds

The public resources of the Chilean State are administered under the Budget Act, drafted annually by the Ministry of Finance Budget Office (DIPRES), subject to parliamentary approval. The Budget Act details State revenue and the funding of different public departments and associated programs, the maximum domestic and international financial obligations that may be incurred by the  President’s office, and other areas of public finance. The national budget for 2013 ascends to $33,246,038,944,000 Chilean pesos, equivalent to US$63,936,613,353, and the Chilean State’s main sources of income over the period were taxes, State debt, and financial asset sales (DIPRES, 2013).

The Ministries that received the most public funding in 2013 were the Ministry of Education ($6,592,848,110,000 Chilean pesos, equivalent to US$ 12,678,554,057), the Ministry of Labor and Social Security ($5,727,975,621,000 Chilean pesos, equivalent to US$ 11,015,337,732), the Ministry of Health ($2,748,069,959,000 Chilean pesos, equivalent to US$5,284,749,921) and the Ministry of the Interior and Public Security ($2,058,861,247,000 Chilean pesos, equivalent to US$3,959,348,551).

Resources for the National Council on Culture and Arts (CNCA) are assigned under the budget for the Ministry of Education. For more information on public funding for culture, please review Chapter 6 of this cultural policy profile. 

It should be noted the Budget Act allows Regional Governments to assign up to 2% of their total resources to cultural activities, and that municipal or regional theaters are managed under the regional cultural policies drafted by the CNCA.

For more information on the Budget Act and the Ministry of Finance Budget Directorate, please visit: www.dipres.gob.cl


Chapter published: 28-12-2013


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