(The following statement was released by the rating agency) NEW YORK/LONDON, January 20 (Fitch) Chile’s robust, flexible fiscal and macroeconomic policy frameworks are an important buffer against falling copper prices, Fitch Ratings says. Low public debt and significant resources in its stabilisation funds also underpin shock-absorption capacity. But lower copper prices present downside risks to investment and growth, and highlight structural challenges, including the economy’s narrow base.
Source: Financials
