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

International Monetary Fund

No 2007/241, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper presents Peru’s First Review Under the Stand-By Arrangement for SDR 172.37 million approved on January 26, 2007. Implementing sound macroeconomic policies and reforms would reduce vulnerabilities, entrench sustainable growth, and reduce poverty, setting the stage for a strong exit from IMF-supported programs and for achieving investment grade. The economic outlook remains favorable, with risks largely dependent on external conditions, most notably related to commodity prices and global financial conditions.

Keywords: ISCR; CR; Banco de la Nación; government procurement procedure; appreciation pressure; financial market condition; Executive Board discussion; consumer confidence; Public sector; International reserves; Global (search for similar items in EconPapers)
Pages: 67
Date: 2007-07-13
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