Pyongyang, September 18 (KCNA) -- Chile's fiscal and financial authorities are working on a contingency plan to ensure its economy can sustain any worsening of the ongoing debt crisis in the United States and European Union (EU), Finance Minister Felipe Larrain said here Thursday.

Larrain said the plan is centered around creating more liquidity for Chile's state assets and overall macro-economic management" in case the situation worsens" in Europe and the United States.