The IMF Executive Board approved a two-year agreement renewing Chile's Flexible Credit Line (LCF) for approximately $11.8 billion on 2026-04-12. ^[1] The National Assembly of Nicaragua approved constitutional reforms on Tuesday that prohibit political opponents from participating in elections and extend the presidential mandate from six to seven years. ^[2] Kenji Okamura, Deputy Managing Director of the IMF, stated that Chile's economic growth has moderated due to a temporary slowdown in mining activity and higher oil prices caused by the war in the Middle East. ^[3] The new LCF amount of $11.8 billion represents 500% of Chile's quota with the IMF, down from 600% in the previous agreement signed in August 2024. ^[4] Gustavo Porras, president of the Nicaraguan Parliament, stated that the reforms were approved unanimously during a special session held in front of the cathedral in León. ^[5] President Daniel Ortega and First Lady Rosario Murillo pushed for the reforms, which exclude individuals who participate in planning or executing a coup, are labeled traitors, or request military intervention or economic blockades. ^[6] The US government, led by Secretary of State Marco Rubio, called on the international community to immediately sever economic and diplomatic ties with the Nicaraguan regime. ^[7] Chilean authorities expressed their intention to consider the new agreement as a precautionary measure and to gradually reduce access based on the evolution of external risks. ^[8]