Peru: First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion
IMF Staff Country Reports, March 7, 2007
Source details
- Canonical URL
- Peru: First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion
Other formats
Bibliographic details
- Authors: Arrangement, Requests
- Published: March 7, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451831115.002
Summary findings
- The staff report highlights Peru’s policy discussions and staff appraisal for the First Review Under the Stand-By Arrangement and Requests for Waiver of Performance Criterion and Waiver for Nonobservance of Performance Criterion.
- 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.
Policy discussions and staff appraisal
- Fiscal framework:
- Draft law prepared to establish sanctions for noncompliance with the fiscal deficit target.
- Monetary framework:
- Monetary policy managed within the inflation-targeting framework.
- Central bank projects a gradual decline in dollarization owing to sound economic policies and strong bank supervision.
Subject areas and keywords (as listed)
- Subjects: 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 and document metadata
- Publication date: March 7, 2007
- Pages: 62
- Volume: 2007
- Issue: 099
- Series: Country Report No. 2007/099
- DOI: https://doi.org/10.5089/9781451831115.002
- Stock No: 1PEREA2007003
- ISBN: 9781451831115
- ISSN: 1934-7685
International Monetary Fund. "Peru: First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion", IMF Staff Country Reports 2007, 099 (2007), accessed 9/22/2026, https://doi.org/10.5089/9781451831115.002