The IMF completed the mid-term review of Chile's qualification under the Flexible Credit Line (FCL) arrangement. The arrangement was approved on August 29, 2022, for an amount of about US$18.5 billion (equivalent to 800 percent of quota). Chile continues to qualify for the FCL by virtue of its very strong economic fundamentals and institutional policy frameworks, and sustained track record of very strong macroeconomic policies. In view of the still elevated external risks, the authorities have expressed a desire to maintain the current level of access and are committed to gradually exit the arrangement conditional on the evolution of external risks.

https://www.miragenews.com/imf-ends-review-of-chiles-flexible-credit-line-1072415/

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