{
  "id": 9172469,
  "title": "Fitch Chile Rating Stays at A- as Growth Forecast Is Cut to 0.7%",
  "url": "https://urgent.news/2026/09/22/fitch-chile-rating-stays-at-a-as-growth-forecast-is-cut-to-0-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T16:22:17.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/fitch-chile-rating-affirmed-growth-forecast-cut-2026/"
  },
  "original_language": "en",
  "account": "Fitch Ratings has maintained Chile's credit rating at A- despite cutting the growth forecast to 0.7% in 2026 from 1.6%. The rating was reaffirmed on Friday, 18 September 2026, with the outlook described as stable. Chile's relatively low debt ratio and solid governance were cited as strengths, while low per capita income, heavy dependence on commodities, and weak external debt indicators were considered weaknesses. The Chilean government implemented a fiscal consolidation focused on spending cuts, with spending falling 0.7% year-on-year. The Finance Ministry, led by President José Antonio Kast, claimed the rating as a vote of confidence. Chile's public debt reached 41.7% of GDP in 2025, with Fitch projecting it to stabilize around 43% by 2026. The country's growth slowed to 0.3% in the first half of 2026 due to disruptions in fishing, farming, and mining sectors, as well as rising petroleum prices and lower output at the state-owned copper giant, Codelco.",
  "summary": "Fitch kept the Fitch Chile rating at A- with a stable outlook, praising spending cuts, but slashed its 2026 growth forecast from 1.6% to 0.7%. The post Fitch Chile Rating Stays at A- as Growth Forecast Is Cut to 0.7% appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}