Chile's Finance Minister Mario Marcel speaks to the media at the congress in Valparaiso, Chile March 23, 2022.
REUTERS/Rodrigo GarridoNEW YORK, Sept 22 (Reuters) - Chile estimates it will issue $12 billion in total debt next year and the largest budget increases will be in social protection and science and technology, Finance Minister Mario Marcel told Reuters on Thursday.
The minister is confident Chile will soon make a dent on inflation, running at double digits.
Marcel said clear signals for another moderate constitutional proposal, progress on tax reforms and hopeful pension reforms will help reduce uncertainty.
"It should take at least six years to face-in all this increase so as not to have an impact on employment."