Chile: Staff Report for the 2000 Article IV Consultation

August 9, 2000

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Format: Chicago

Chile: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed November 21, 2024

Summary

Chile's overall economic performance during 1990–97 was very strong. By early 1998, Chile faced the difficult combination of a widening external current account deficit and a slowdown of capital inflows. The authorities scaled back expenditure plans and tightened monetary policy strongly to prevent a large depreciation of the currency. Executive Directors welcomed the new three-pillar framework for policies consisting of conservative, rules-based fiscal and monetary policies, greater emphasis on sound supervisory and regulatory frameworks, as well as new social policies.

Subject: Balance of payments, Banking, Current account deficits, Economic sectors, External debt, Inflation, Metal prices, Prices, Public sector

Keywords: Central government account, Central government balance, CR, Current account deficits, Global, Inflation, ISCR, Metal prices, Monetary policy, Public sector, Staff appraisal, Staffs presentation, Staff's projection

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/094
Stock No:

1CHLEA0012000
ISBN:

9781451807486
ISSN:

1934-7685

Notes

Included with the Staff Report are the text of Public Information Notice No. 00/56 and a statement by the authorities of Chile on August 9, 2000.

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