“In the coming days we will submit a bill to Congress on reconstruction, and economic and social development that contains more than 40 measures,” Kast said in his first televised address since taking office March 11.

“We did not come here to repeat the previous cycle; we came to break it,” Kast said.

The proposal includes a gradual cut in the corporate income tax from 27 percent to 23 percent, a measure already rejected by the left‑wing opposition, which argues it would erode public finances.

Kast said the overall plan aimed to reduce unemployment to 6.5 percent by the end of his term in 2030, lift annual economic growth to around four percent — from about 2.5 percent last year — and bring public accounts back into balance.

The reform also foresees the reconstruction of more than 1,000 homes destroyed by wildfires, along with tax incentives such as a temporary reduction in value-added tax on new home sales and steps to encourage the repatriation of capital.

The package marks Kast’s first major policy push since assuming power on March 11 and reflects his campaign pledge to slash spending after four years of leftist rule under Gabriel Boric.