Home » Chile: Report on the Observance of Standards and Codes--Fiscal Transparency Module by International Monetary Fund
Chile: Report on the Observance of Standards and Codes--Fiscal Transparency Module International Monetary Fund

Chile: Report on the Observance of Standards and Codes--Fiscal Transparency Module

International Monetary Fund

Published August 5th 2003
ISBN : 9786613741073
ebook
36 pages
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 About the Book 

1. Chiles economy is in a significantly better position than most economies to face the global crisis. This owes much to its policy framework and track record of exemplary policies. Large fiscal savings over the past several years have been criticalMore1. Chiles economy is in a significantly better position than most economies to face the global crisis. This owes much to its policy framework and track record of exemplary policies. Large fiscal savings over the past several years have been critical to preserve stability and cover financing needs. The imbalances in the financial and corporate sectors witnessed elsewhere have been absent-the banking system is well-capitalized, the supervisory framework is strong, and domestic capital markets are well-developed.