Cover IMF Staff Country Reports
Chile: Request for an Arrangement Under the Flexible Credit Line and Cancellation of the Arrangement Under the Short-term Liquidity Line-Press Release; Staff Report; Staff Supplement and Statement by the Executive Director for Chile
Author:
International Monetary Fund. Western Hemisphere Dept.
Search for other papers by International Monetary Fund. Western Hemisphere Dept. in
Current site
Google Scholar
PubMedClose
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2022: Issue 283
Language:
English
Publication Date:
29 Aug 2022
DOI:
https://doi.org/10.5089/9798400218255.002
ISBN:
9798400218255
ISSN:
1934-7685
Pages:
68
Keywords:
FCL arrangement; Chilean authorities; fund credit; Gra credit exposure; FX market dynamics; Peak fund Exposure; IMF's transparency policy; Debt service; Credit; Global
Download PDF (4 MB) Download Epub
After an impressive recovery from the fallout of the Covid-19 pandemic, the Chilean economy is confronting an acute deterioration of the external environment. Downside risks have materialized, including a tightening of global financial conditions, a slowdown in global growth, and a substantial drop in Chile’s terms of trade. Domestic economic policies are appropriately being recalibrated to mitigate risks and preserve macroeconomic stability, while supporting vulnerable groups. The authorities will continue leveraging on Chile’s very strong fundamentals and policy frameworks to implement an ambitious reform agenda in a challenging external environment.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2022: Issue 283