Translation for "cash-price" to spanish
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Translation examples
One of the instruments implemented to stabilize trends in public spending is the Fondo de Compensación del Precio del Cobre (copper price compensation fund), whereby the public budget is tied to the medium-term price of copper rather than its current cash price. This makes it possible to save the difference between the two prices when the cash price is higher than expected over the medium term. Another tool is the structural balance approach followed in drawing up the fiscal budget.
Entre estos instrumentos que estabilizan la trayectoria del gasto público destacan el Fondo de Compensación del Precio del Cobre (que asocia el presupuesto público al precio del cobre de mediano plazo y no a su precio corriente efectivo; con ello, se ahorra la diferencia entre ambos valores para cuando el precio efectivo es superior al esperado para el mediano plazo); y el enfoque de balance estructural para la elaboración del presupuesto fiscal.
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