02070cas a2200241 a 4500 AALejournalIMF021000 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513545998 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Chile : Request for an Arrangement Under the Flexible Credit Line-Press Release; Staff Report; and Staff Supplement. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (76 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper explores Chile's Request for an Arrangement Under the Flexible Credit Line (FCL). Chile qualifies for the FCL by virtue of its very strong fundamentals, institutional policy frameworks, track record of economic performance and policy implementation and commitment to maintain such policies in the future. Notwithstanding its very strong fundamentals and policy settings, Chile's open economy is exposed to substantial external risks as a result of the ongoing coronavirus disease 2019 outbreak, including a significant deterioration in global demand for Chilean exports, a sharp decline or reversal of capital inflows toward emerging markets, and an abrupt tightening of global financial conditions. The authorities intend to treat the FCL arrangement as precautionary and temporary, and to exit the arrangement as soon as the 24-month period is completed, conditional on a reduction of risks at the time of the mid-term review. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2020/183 Full text available on IMF http://elibrary.imf.org/view/journals/002/2020/183/002.2020.issue-183-en.xml IMF e-Library