Peru: Third Review Under the Stand-By Arrangement

November 17, 2003

Preview Citation

Format: Chicago

Peru: Third Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2003) accessed November 25, 2024

Summary

Peru showed commendable economic performance under the Stand-By Arrangement, owing to its strong fundamentals, prudent macroeconomic policies, and progress with structural reforms. Executive Directors commended these developments, and stressed the need to strengthen fiscal prudence, transparency, debt management, and monetary policy stance. They emphasized the need to implement tax and pension plan reforms, and improve the public sector operations and banking sector indicators. They agreed that Peru has successfully completed the third review under the Stand-By Arrangement.

Subject: Central banks, Economic sectors, External debt, International reserves, Public debt, Public sector, Revenue administration

Keywords: Authority, Banking sector indicator, Central bank's inflation target range, CR, Executive board review, Government, Inflation low, International reserves, ISCR, Public sector, SDR, Should inflation, Submission to congress

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/355
Stock No:

1PEREA0052003
ISBN:

9781451831078
ISSN:

1934-7685

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