Peru: Second Review Under the Stand-By Arrangement: Staff Report; Staff Statement; Press Release News Brief on the Executive Board Discussion; and Statement by the Executive Director for Peru

January 23, 2008

Preview Citation

Format: Chicago

Peru: Second Review Under the Stand-By Arrangement: Staff Report; Staff Statement; Press Release News Brief on the Executive Board Discussion; and Statement by the Executive Director for Peru, (USA: International Monetary Fund, 2008) accessed November 22, 2024

Summary

Peru’s macroeconomic policies continue to be strong under the Stand-By Arrangement (SBA). Executive Directors appreciated the implementation of policies to entrench macroeconomic stability, lower poverty, and lessen vulnerabilities, and also emphasized the need to maintain a prudent fiscal policy stance, implement structural reforms, solidify the fiscal framework, and accelerate the implementation of the antipoverty strategy. They also stressed the need to entrench greater exchange rate flexibility, strengthen the inflation, preserve a prudent role for public banks, and enhance the business environment.

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

Keywords: CR, Dollar-denominated mortgage, Executive Board discussion, Foreign currency mortgage, Global, Inflation expectation, International reserves, ISCR, Public sector, Staff appraisal

Publication Details

Pages:

80
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/028
Stock No:

1PEREA2008001
ISBN:

9781451831153
ISSN:

1934-7685

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