IMF Staff Country Reports

Peru: Third Review Under the Stand-By Arrangement

Publication Date:

November 17, 2003

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 2003/355

Subject:

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