Chile: 2012 Article IV Consultation
International Monetary Fund
No 2012/267, IMF Staff Country Reports from International Monetary Fund
Abstract:
The Selected Issues paper discusses measures taken by the Chilean government to record moderate economic growth in 2012. The easing of fiscal stance and tightening of expenditure have proved to prevent a decline in the economy. The authorities have estimated retaining a favorable economic environment to mitigate financial risks. Banks have been asked to maintain high levels of liquidity and capital to meet expansion needs. The Executive Board has commended Chilean authorities’ efforts for macrofinancial stability and management of funds.
Keywords: ISCR; CR; central bank; Chile; holdings exchange rate; headline inflation; liability positions vis-à-vis nonresident; I. membership status; I. assessment; fiscal policy restraint; central bank of Chile; Exports; Credit; Metal prices; Global (search for similar items in EconPapers)
Pages: 62
Date: 2012-09-11
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