Peru: Request for a Stand-By Arrangement
July 28, 2004
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This paper examines Peru’s Request for a Stand-By Arrangement (SBA). Performance under the 2002–03 SBA was satisfactory. This performance provides a solid basis for continuing with policies aimed at maintaining macroeconomic stability. The authorities are requesting a 26-month SBA covering the period through August 2006, when a new administration is scheduled to take office. They consider that continued IMF support for their program would help anchor economic policymaking and improve investor sentiment. To boost economic growth and promote employment, the authorities are committed to implementing a broad set of structural reforms.
Subject: Central banks, Economic sectors, External debt, International reserves, Public debt, Public sector, Revenue administration
Keywords: authorities' goal, CR, exchange rate, GDP, Global, government, inflation-targeting framework, International reserves, ISCR, pension regime, Peru, Peruvian authorities, program summary, Public sector, targeted public-private partnerships
Pages:
85
Volume:
2004
DOI:
Issue:
226
Series:
Country Report No. 2004/226
Stock No:
1PEREA0042004
ISBN:
9781451831061
ISSN:
1934-7685
