CLThe article reports on a significant salary increase for members of Chile's Central Bank Council, marking the first adjustment in over a decade. The government under President José Antonio Kast approved a 14.4% raise in gross salaries for the five council members. This follows a period where salaries were nearly frozen, with annual increases averaging below inflation. The Central Bank explains that these adjustments are based on market criteria, aligning executive compensation in the private sector with that of the council members to maintain their attractiveness as positions. The new pay scale was set via Supreme Decree No. 700 of 2026, effective December 9, 2025, and applies for one year.
Bias read (Center): The article presents factual information about the salary adjustment process and does not overtly favor any political ideology. It provides balanced reporting on the decision-making process, including references to legal frameworks and the involvement of appointed commissions. While the topic is a '
