The company’s revenue varies with the global price of copper, yielding higher government revenues in some years and declines – for example, this year – when the global price is down. The government follows a wise fiscal strategy that involves budget surpluses in years when copper revenue is high, with the additional funds channeled to a national stabilization fund.
铜是智利的主要产品，占其出口的半壁江山。政府下属的Codelco公司是全球最大的铜生产商，也是智利唯一的公营企业。该公司的营收会随全球铜价波动而变化，因此政府收入也会在某些年份走高或者下跌——比如今年这种下跌市。政府遵循一个明智的财政策略，当预算因高铜价而出现盈余时就将多余的钱存入国家稳定基金。