Municipalities’ revenues will decrease by $320 million by 2020

The total nominal income of the municipalities will decrease by $255.18 billion ($320 million) in relation to 2019, according to data from the Chilean Budget Office (Dipres). Of the 345 municipalities in the country, 317 (92%) will decrease their income by an average of 7%. Of that number, 43 will present falls of more than 10%, 150 will register losses of between 5% and 10% and 124 will have decreases of up to 5%.

Source: EMOL