Chile: Request for an Arrangement under the Flexible Credit Line and Cancellation of the Current Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile

August 28, 2024

Preview Citation

Format: Chicago

Chile: Request for an Arrangement under the Flexible Credit Line and Cancellation of the Current Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile, (USA: International Monetary Fund, 2024) accessed September 14, 2024

Summary

The imbalances built during the pandemic have been largely resolved shifting priorities to supporting stronger, more inclusive and greener medium-term growth. The near-term outlook has improved, primarily due to higher copper prices and prospects for increased lithium production. In this context, policies are focused on creating conditions to add dynamism to the economy such as expediting investment permits while continuing with reforms to increase tax revenue and reduce inequality. The authorities remain fully committed to maintaining very strong policies and policy frameworks.

Subject: Credit, Debt service, External debt, Metal prices, Money, Prices, Public debt

Keywords: Credit, Debt service, FCL arrangement, Global, Gross international reserves, Inflation pressure, July monetary policy meeting, Metal prices, Policy rate cut, Western Hemisphere

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/275
Stock No:

1CHLEA2024003
ISBN:

9798400287565
ISSN:

1934-7685

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