Peru: First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion

March 7, 2007

Preview Citation

Format: Chicago

Peru: First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion, (USA: International Monetary Fund, 2007) accessed November 25, 2024

Summary

The staff report for the First Review Under the Stand-By Arrangement and Requests for Waiver of Performance Criterion and Waiver for Nonobservance of Performance Criterion highlights Peru’s policy discussions and staff appraisal. A draft law was prepared with a view to establishing sanctions for noncompliance with the law’s fiscal deficit target. Monetary policy continues to be managed prudently within the inflation-targeting framework. The central bank expects dollarization to gradually decline as a result of sound economic policies and strong bank supervision.

Subject: Central banks, Currencies, Economic sectors, Expenditure, External debt, International reserves, Pension spending, Public debt, Public sector

Keywords: Authority, CR, Executive board discussion, Global, Government resource management, International reserves, ISCR, Pension regime, Pension spending, Peruvian authorities, Private sector investment, Public sector

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/099
Stock No:

1PEREA2007003
ISBN:

9781451831115
ISSN:

1934-7685

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