중남미

On August 4, 2015, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Chile, and considered and endorsed the staff appraisal without a meeting2.

GDP growth has remained lackluster over the past year. The main force behind the economic slowdown in 2014 has been the sharp fall in private investment, mainly the consequence of the end of the mining boom but also reflecting the uncertainty and adjustment costs associated with the structural reform agenda. The external position has improved markedly, with a large decline in the current account deficit and a real exchange rate now close to equilibrium.