Peru: Request for a Stand-By Arrangement
February 22, 2002
Summary
This paper assesses Peru’s Request for a Stand-By Arrangement (SBA). The authorities’ program for 2002–03 seeks to set the basis for sustained high growth of output and employment and a steady reduction in poverty. The authorities are requesting IMF support for their program through an SBA to emphasize their commitment to sound policies. The IMF staff is of the view that the authorities’ program is consistent with the objective of creating the conditions for sustained high rates of economic growth that would support a steady reduction in poverty.
Subject: Banking, Central banks, Economic sectors, External debt, International reserves, Privatization, Public debt, Public sector
Keywords: cash flow saving, CR, deficit, expenditure restraint, Global, inflation targeting framework, International reserves, investor, investor participation rates, ISCR, Privatization, Public sector, sovereign bond issue
Pages:
64
Volume:
2002
DOI:
Issue:
027
Series:
Country Report No. 2002/027
Stock No:
1PEREA0012002
ISBN:
9781451830972
ISSN:
1934-7685




