Chile: 2012 Article IV Consultation

September 11, 2012

Preview Citation

Format: Chicago

Chile: 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed December 24, 2024

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.

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

Keywords: Central bank, Central bank of Chile, Chile, CR, Credit, Exports, Fiscal policy restraint, Global, Headline inflation, Holdings exchange rate, I. assessment, I. membership status, ISCR, Liability positions vis-à-vis nonresident, Metal prices

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/267
Stock No:

1CHLEA2012002
ISBN:

9781475510485
ISSN:

1934-7685

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