Cover IMF Staff Country Reports
Chile: 2022 Article IV Consultation-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2023: Issue 036
Language:
English
Publication Date:
20 Jan 2023
DOI:
https://doi.org/10.5089/9798400231469.002
ISBN:
9798400231469
ISSN:
1934-7685
Pages:
71
Keywords:
draft mining royalty bill; inflation expectation; liability positions vis-à-vis nonresident; Senate's finance committee; finance committee of the Senate; Inflation; Fiscal stance; Pension spending; Exchange rate flexibility; Global; Caribbean; Western Hemisphere; South America
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After an impressive recovery from the COVID-19 pandemic, the Chilean economy is undergoing a necessary transition towards sustainable growth amid a challenging external environment. Policy implementation remains very strong, geared towards correcting macroeconomic imbalances that built up during the pandemic while protecting the most vulnerable and advancing structural reforms, consistent with past Fund Advice (Annex I). On August 29, the IMF Executive Board approved a two-year Flexible Credit Line (FCL) arrangement for Chile in the amount of SDR 13.954 billion (800 percent of quota) to augment precautionary buffers and provide substantial insurance against adverse scenarios.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2023: Issue 036