Headlines: Lan Chile raises fares; Pivcevic heads Development Corporation; Encouraging season; Scientific meeting in Punta Arenas; Chilean bankers optimistic.
Even when Mr. Horst Köhler, Managing Director of the International Monetary Fund (IMF), confirmed he is recommending to the IMF's 24-member Executive Board approval of transitional financial support for Argentina, Mr. Koehler also pointed out the exceptional risks involved in the transitional program 2003 and which relate to the fragility of the macroeconomic policy framework and the political challenges to implementation.