Peru: First Review Under the Stand-By Arrangement: Staff Report; Staff Statement Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru
IMF Staff Country Reports, July 13, 2007
Source details
- Canonical URL
- Peru: First Review Under the Stand-By Arrangement: Staff Report; Staff Statement Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru
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Bibliographic details
- Published: July 13, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451831146.002
Summary and Purpose
- Presents Peru’s First Review Under the Stand-By Arrangement for SDR 172.37 million approved on January 26, 2007.
- Objective: Implement sound macroeconomic policies and reforms to reduce vulnerabilities, entrench sustainable growth, and reduce poverty, enabling a strong exit from IMF-supported programs and progress toward achieving investment grade.
Key Findings
- The economic outlook is described as favorable.
- Risks to the outlook are largely dependent on external conditions, most notably:
- commodity prices
- global financial conditions
Policy Recommendations and Analysis
- Implement sound macroeconomic policies.
- Carry out structural reforms aimed at:
- reducing vulnerabilities
- entrenching sustainable growth
- reducing poverty
- Achieve conditions that would support a strong exit from IMF-supported programs and facilitate attaining investment grade.
Subjects and Keywords
- Subject: Central banks, Economic sectors, Expenditure, External debt, International reserves, Public debt, Public investment and public-private partnerships (PPP), Public sector
- Keywords: appreciation pressure, Banco de la Nación, consumer confidence, CR, Executive Board discussion, financial market condition, Global, government procurement procedure, International reserves, ISCR, Public sector
Content in this bundle
- _cr07241
- Cr07241s