Chile's government has ordered a blanket spending cut of nearly $4 billion as part of a plan to improve public finances and safeguard social benefits over the medium term. The first phase of the plan includes a $3 billion reduction in the 2026 spending ceiling and an additional $1 billion targeted each ministry based on efforts to identify abuses and practices in fiscal resources. The measures include reviewing service contracts, analyzing "abuse" of sick leave and absenteeism, and reviewing tenders that had not been carried out as of March.