Peru: Selected Issues

Publication Date:

April 23, 2010

Electronic Access:

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Summary:

This paper assesses the performance of Peru’s alternative fiscal rules in supporting medium-term fiscal policy objectives. Peru has shown steady fiscal surpluses and declining debt vulnerabilities. Subnational government constrains to borrow internationally have been relaxed, which could become a concern in the future. Current debt levels are already low, which may allow the authorities to move quicker toward a structural balance rule, or even propose a small structural deficit, without jeopardizing debt sustainability.

Series:

Country Report No. 2010/099

Subject:

English

Publication Date:

April 23, 2010

ISBN/ISSN:

9781455206674/1934-7685

Stock No:

1PEREA2010002

Pages:

74

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