Peru Resident Representative Site
Resident Representative Office in Peru
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Peru and the IMF. Additional information can be found on Peru and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Peru.
News and Highlights
In Latin America and the Caribbean, countries that followed sound policies fared the crisis rather well but as the recovery advances they face challenges associated with strong capital inflows and overheating, IMF Managing Director Dominique Strauss-Kahn said.
IMF Managing Director Dominique Strauss-Kahn will travel to Brazil and Peru from May 25-28, 2010 to meet with government leaders, leading figures from the private sector, and with students and academics. Strauss-Kahn's trip is part of efforts to engage more closely with stakeholders in the region and raise awareness about how the Fund is adapting to serve its members in Latin America.
The International Monetary Fund (IMF) is launching an online conversation with university students from Peru and other countries in the region. The IMF wants to hear first-hand from the youth of South America about their concerns and interests, and their suggestions about how the IMF can serve the region better.
Peru and The IMF
Transcript of a Press Briefing by William Murray, Adviser, Communications Department, International Monetary Fund, Washington, D.C.
Press Release: IMF Announces Finalists for Student Essay Contest: “How to Build a Better Future for Latin America”
Press Release: The IMF, CIES, and Pontifical Catholic University of Peru Hold Student Event in Lima on Future of Latin America
Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund, Washington, D.C.
Regional Economic Outlook: Western Hemisphere
Growth across Latin America and the Caribbean is expected to remain subdued at 2.5 percent in 2014. The firming recovery in the advanced economies will support export activity, but this positive impulse is likely to be offset in many countries by the impact of lower commodity prices, tighter external financing conditions, and domestic supply bottlenecks. Renewed volatility in financial markets and a sharper-than-expected decline in commodity prices represent distinct downside risks. Faced with these challenges, policymakers should seek to preserve credible policy frameworks and ensure sufficient buffers to cope with adverse shocks. For fiscal policy, a neutral to tighter stance will be appropriate in most countries, while exchange rate flexibility and proactive supervision of the financial system should serve as the principal defenses against external volatility. To boost medium-term growth prospects, further efforts are needed to raise infrastructure investment, improve educational outcomes, and enhance the business environment.