Marcel Says Chile Will Continue With Fiscal Consolidation

The video discusses the fluctuations in the value of the Chilean peso, its recent recovery, and the economic indicators reflecting this change. It also covers Chile's fiscal policy, including a pullback and planned stimulus for 2023, while addressing concerns about pension fund withdrawals. The video concludes with Chile's efforts towards fiscal consolidation, aiming to stabilize government debt by 2026.

What recent changes have been observed in the Chilean peso and the economy?

• The peso has depreciated significantly.

• Stock markets have declined.

• Long-term rates have increased.

• The peso has appreciated, and economic risks have decreased.

What is the Chilean government's plan for 2023 regarding fiscal stimulus?

• Stimulus will be targeted to certain parts.

• Stimulus will be provided to all sectors.

• Stimulus will focus on increasing pension withdrawals.

• No stimulus is planned.

What was the impact of early pension withdrawals on the Chilean economy?

• They stabilized the economy.

• They overheated the economy.

• They had no impact.

• They reduced inflation.

What was the extent of fiscal consolidation in Chile in 2022?

• A 10% reduction in public spending.

• A 24% reduction in public spending.

• An increase in public spending.

• No change in public spending.

What is the target for Chile's government debt by 2026?

• 50% of GDP

• 20% of GDP

• 30% of GDP

• 40% of GDP