Chile’s Finance Minister Mario Marcel submitted his resignation on 21 August, according to multiple Chilean news outlets. The ministry confirmed that the 64-year-old economist stepped down earlier in the day and has informed President Gabriel Boric of his decision. Broadcasters including CNN Chile reported that Marcel cited personal reasons for leaving the post. The government has not yet named a replacement. Marcel, a former central bank governor, had served as finance minister since Boric took office in March 2022, steering tax-overhaul proposals and measures to revive investment amid sluggish growth. His departure introduces fresh uncertainty for the administration’s economic agenda as lawmakers debate fiscal reforms and spending plans for 2026. The presidency said it will issue a formal statement once a successor is chosen.