IMF Staff Country Reports

Peru: Third Review Under the Stand-By Arrangement

November 17, 2003

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Peru: Third Review Under the Stand-By Arrangement, (USA: International Monetary Fund, 2003) accessed November 23, 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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2003/355

  • Stock No:

    1PEREA0052003

  • ISBN:

    9781451831078

  • ISSN:

    1934-7685