{
  "title": "Peru: 2006 Article IV Consultation and Request for Stand-By Arrangement—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru",
  "publication": "IMF Staff Country Reports, February 6, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-2006-article-iv-consultation-and-request-for-stand-by-arrangement-staff-report-staff-20416",
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  "summary": "The 2006 Article IV Consultation with Peru and request for a Stand-By Arrangement highlights that the Peruvian economy has been reaping benefits of sound policies in a favorable external environment.",
  "publishDate": "2007-02-06",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings and assessment",
      "content": "- The Peruvian economy has been reaping benefits of sound policies in a favorable external environment.\n- The new government remains committed to sustaining fiscal consolidation to entrench macroeconomic stability while boosting infrastructure and social spending to decisively reduce poverty.\n- Executive Directors commended the progress made in identifying foreign exchange-related credit risks in the banking system.\n- Executive Directors encouraged the authorities to implement their reform agenda aimed at reducing risks from dollarization."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Sustain fiscal consolidation to entrench macroeconomic stability.\n- Boost infrastructure and social spending to decisively reduce poverty.\n- Implement the reform agenda to reduce risks from dollarization, including measures to identify and manage foreign exchange-related credit risks in the banking system."
    },
    {
      "heading": "Subject coverage and keywords",
      "content": "- Subject: Central banks, Currencies, Economic sectors, External debt, International reserves, Money, Public debt, Public sector\n- Keywords: CR, Currencies, currency risk, executive board discussion, foreign currency, Global, government, growth-enhancing reform, inflation targeting framework, International reserves, ISCR, Public sector, staff appraisal\n\n---\n\n Content in this bundle\n\n- cr0754\n  - cr0754 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0754 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-2006-article-iv-consultation-and-request-for-stand-by-arrangement-staff-report-staff-20416"
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    "Published: February 6, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451831108.002",
    "The Peruvian economy has been reaping benefits of sound policies in a favorable external environment.",
    "The new government remains committed to sustaining fiscal consolidation to entrench macroeconomic stability while boosting infrastructure and social spending to decisively reduce poverty.",
    "Executive Directors commended the progress made in identifying foreign exchange-related credit risks in the banking system.",
    "Executive Directors encouraged the authorities to implement their reform agenda aimed at reducing risks from dollarization.",
    "Sustain fiscal consolidation to entrench macroeconomic stability.",
    "Boost infrastructure and social spending to decisively reduce poverty.",
    "Implement the reform agenda to reduce risks from dollarization, including measures to identify and manage foreign exchange-related credit risks in the banking system.",
    "Subject: Central banks, Currencies, Economic sectors, External debt, International reserves, Money, Public debt, Public sector",
    "Keywords: CR, Currencies, currency risk, executive board discussion, foreign currency, Global, government, growth-enhancing reform, inflation targeting framework, International reserves, ISCR, Public sector, staff appraisal",
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