02038cas a2200241 a 4500 AALejournalIMF021595 230101c9999 xx r poo 0 0eng d 18.00 USD 9781513572895 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Chile : 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Chile. Washington, D.C. : International Monetary Fund, 2021. 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 The Chilean economy has been hit by the pandemic while recovering from the social unrest in late 2019, requiring substantial adjustment of economic policies and the appropriate use of existing policy buffers. Following a sharp decline in mid-2020, economic activity started recovering in 2020H2 in the wake of ample policy stimulus. Inflation remains near the policy target, with inflation expectations anchored, and the current account balance has improved amid a sharp drop in imports and relatively resilient exports. Fiscal and monetary policies remain guided by the structural fiscal balance rule and the inflation-targeting framework, respectively. Beyond the pandemic-related risks, there is uncertainty stemming from a series of elections and the outcome of a New Constitution process-scheduled to finish in mid-2022-which are expected to shape the public discourse and influence the policy agenda. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2021/083 Full text available on IMF http://elibrary.imf.org/view/journals/002/2021/083/002.2021.issue-083-en.xml IMF e-Library