Peru: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Peru
March 24, 2021
Preview Citation
Format: Chicago
Peru: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Peru, (USA: International Monetary Fund, 2021) accessed November 27, 2024
Summary
Peru entered the pandemic with a sustained track record of implementing very strong policies amid very strong economic fundamentals and institutional policy frameworks, but was hit hard by the pandemic, which took a heavy toll in terms of human lives and economic output. Tensions between executive and legislative powers continue to affect institutional cohesion, but new general elections will be held in April-June 2021. The IMF Executive Board approved a two-year FCL arrangement in the amount of US$11 billion (600 percent of quota) on May 28, 2020.
Publication Details
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Pages:
94
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2021/063
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Stock No:
1PEREA2021001
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ISBN:
9781513574806
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ISSN:
1934-7685