IMF Staff Country Reports

Chile: 2012 Article IV Consultation

Publication Date:

September 11, 2012

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2012/267

Subject:

Banking Credit Exports External debt Fiscal policy Fiscal stance International trade Metal prices Money Prices Public debt