Chile: Review Under the Flexible Credit Line Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Chile

International Monetary Fund

No 2021/092, IMF Staff Country Reports from International Monetary Fund

Abstract: The pandemic hit the Chilean economy while it was recovering from the 2019 social unrest. The authorities’ swift and strong economic policy efforts and Chile’s very strong institutional frameworks helped buffer the economic and social consequences. The ongoing economic recovery continues to be supported by ample policy stimulus, a rapid vaccination process, well-anchored inflation expectations, a resilient export base, and continued market confidence.

Keywords: FCL arrangement; FCL resource; FCL qualification; market confidence; Chilean economy; inflation expectation; COVID-19; Credit; Metal prices; Global (search for similar items in EconPapers)
Pages: 47
Date: 2021-05-21
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