Chile: 2006 Article IV Consultation—Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Chile

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 335

Publication date: September 2006

ISBN: 9781451807646

$20.00

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Topics covered in this book

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Banks and Banking , Exports and Imports , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , ISCR , CR , government , pension fund investment regime , government plan , policy , management function , draft bill , policy development , Metal prices , Inflation , Pension spending , Global

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Peru

Nepal

Republic of Congo : 2001 Article IV

Summary

Structural reforms and prudent economic policies have helped Chile’s successful economic performance. Executive Directors commended the sound macroeconomic policies, the structural fiscal surplus rule, and the robust financial system. They appreciated Chile's monetary policy stance and its leadership role in opening markets through comprehensive and sustained trade and financial market liberalization. They welcomed the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CLT) legislation that helps in obtaining information and combating money laundering, and also emphasized the need for a policy agenda for sustained growth.