Peru : Third Review and Inflation Consultation Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru

Author/Editor:

International Monetary Fund

Publication Date:

July 30, 2008

Electronic Access:

Free Full text (PDF file size is 844 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Third Review for Peru and Inflation Consultation Under the Stand-By Arrangement. All performance criteria for end-December 2007 and end-March 2008 were observed, but inflation in March exceeded the upper limit of the program’s consultation band around the official inflation target range. The end-March structural benchmark was observed and progress has been made on end-June benchmarks. The outlook for 2008 remains favorable, with the economy continuing its strong momentum, as downside global risks are buffered by improvements in fundamentals and prudent policies.

Series:

Country Report No. 08/258

Subject:

Frequency:

Annually

English

Publication Date:

July 30, 2008

ISBN/ISSN:

9781451831160/1934-7685

Stock No:

1PEREA2008002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

78

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