{
  "title": "IMF Staff Concludes Visit to Chile",
  "publication": "IMF News, November 23, 2021",
  "sourceUrl": "https://www.imf.org/en/news/articles/2021/11/23/pr21343-chile-imf-staff-concludes-visit-to-chile",
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  "summary": "Press Release No. 21/343; November 23, 2021.",
  "publishDate": "2021-11-23",
  "sections": [
    {
      "heading": "Mission overview and timeline",
      "content": "- Press Release No. 21/343; November 23, 2021.\n- IMF staff mission led by Ana Corbacho conducted a (virtual) visit to Chile during November 15–19, 2021; the IMF completed the visit on November 19.\n- The visit was an end-of-mission staff statement conveying preliminary findings; this mission will not result in a Board discussion.\n- The IMF engaged with Minister Cerda, Governor Marcel, Chairman Cortez, senior officials, analysts, and business representatives."
    },
    {
      "heading": "Economic assessment and recent developments",
      "content": "- The Chilean economy is recovering very fast from the Covid-19 pandemic.\n- Growth has rebounded strongly and jobs are being created in many sectors.\n- Nearly 85 percent of the total population has been fully vaccinated.\n- Inflationary pressures are rising.\n- The authorities are gradually removing macroeconomic stimulus."
    },
    {
      "heading": "Policy evaluation and recommendations",
      "content": "- The authorities implemented a wide-range of monetary, financial, and fiscal measures that helped mitigate the fallout of the Covid-19 shock.\n- Given strong growth and rising inflationary pressures, the removal of macroeconomic stimulus being implemented by the authorities is appropriate.\n- The IMF team recommends that the withdrawal of broad stimulus be accompanied by targeted support to the most vulnerable."
    },
    {
      "heading": "Engagement and next steps",
      "content": "- The IMF team thanked the authorities for engaging discussions and looks forward to continuing cooperation with Chile in the period ahead.\n- The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board."
    },
    {
      "heading": "Contact",
      "content": "- IMF Communications Department, MEDIA RELATIONS\n- PRESS OFFICER: Randa Elnagar\n- Phone: +1 202 623-7100\n- Email: MEDIA@IMF.org\n- @IMFSpokesperson\n\nIMF Staff Concludes Visit to Chile — Press Release No. 21/343; November 23, 2021.\n\n---\n\n\n References\n\n- Chile and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2021/11/23/pr21343-chile-imf-staff-concludes-visit-to-chile"
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    "Published: November 23, 2021",
    "Press Release No. 21/343; November 23, 2021.",
    "IMF staff mission led by Ana Corbacho conducted a (virtual) visit to Chile during November 15–19, 2021; the IMF completed the visit on November 19.",
    "The visit was an end-of-mission staff statement conveying preliminary findings; this mission will not result in a Board discussion.",
    "The IMF engaged with Minister Cerda, Governor Marcel, Chairman Cortez, senior officials, analysts, and business representatives.",
    "The Chilean economy is recovering very fast from the Covid-19 pandemic.",
    "Growth has rebounded strongly and jobs are being created in many sectors.",
    "Nearly 85 percent of the total population has been fully vaccinated.",
    "Inflationary pressures are rising.",
    "The authorities are gradually removing macroeconomic stimulus.",
    "The authorities implemented a wide-range of monetary, financial, and fiscal measures that helped mitigate the fallout of the Covid-19 shock.",
    "Given strong growth and rising inflationary pressures, the removal of macroeconomic stimulus being implemented by the authorities is appropriate.",
    "The IMF team recommends that the withdrawal of broad stimulus be accompanied by targeted support to the most vulnerable.",
    "The IMF team thanked the authorities for engaging discussions and looks forward to continuing cooperation with Chile in the period ahead.",
    "The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board.",
    "IMF Communications Department, MEDIA RELATIONS",
    "PRESS OFFICER: Randa Elnagar",
    "Phone: +1 202 623-7100",
    "Email: MEDIA@IMF.org",
    "@IMFSpokesperson",
    "[Chile and the IMF](http://www.imf.org/external/country/CHL/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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