Chile: Request for an Arrangement under the Flexible Credit Line and Cancellation of the Current Arrangement-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Chile

The imbalances built during the pandemic have been largely resolved shifting priorities to supporting stronger, more inclusive and greener medium-term growth. The near-term outlook has improved, primarily due to higher copper prices and prospects for increased lithium production. In this context, policies are focused on creating conditions to add dynamism to the economy such as expediting investment permits while continuing with reforms to increase tax revenue and reduce inequality. The authorities remain fully committed to maintaining very strong policies and policy frameworks.