To read the full version of this content please select one of the options below:

New Chile lockdown will add to wider uncertainties

Friday, June 18, 2021

Significance

At the same time, a new Central Bank report suggests that, despite a sharp liquidity-driven economic rebound this year, the country faces a lean medium-term outlook.

Impacts

  • Lack of compliance with lockdowns has left the government with few tools, other than vaccination, for controlling the pandemic.
  • Preliminary estimates suggest that fiscal spending will rise by a massive 25% in 2021.
  • Monetary policy will face the challenge of balancing inflation risks against the lagging recovery of employment.

Related articles

Expert Briefings logo
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.