Chile and IMF divided on potential growth

Latest staff report reveals difference in views on long-term growth of the Chilean economy

Central Bank of Chile
Central Bank of Chile
Photo: Central Bank of Chile/Wikimedia Commons

Chilean authorities and the International Monetary Fund remain split on the question of potential growth, according to the IMF's latest staff report, published on August 6, which reveals a divergence in their GDP forecasts.

The IMF expects the Chilean economy to grow by 3.5% in 2018 and 3.6% in 2019. This represents a notable reduction from last year's forecast, when the IMF predicted growth of 4.3% in both years.

In contrast, the ministry of finance expects growth of 4.8% in 2018, while the

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