{
  "title": "Peru: 2015 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Peru",
  "publication": "IMF Staff Country Reports, May 27, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-2015-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-42956",
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  "summary": "This 2015 Article IV Consultation highlights that Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction. However, like most of the region, Peru faced a challenging external environment in 2014.",
  "publishDate": "2015-05-27",
  "series": "IMF Staff Country Reports",
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    {
      "heading": "Summary and key findings",
      "content": "- Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction.\n- In 2014 Peru faced a challenging external environment characterized by:\n  - Lower metal prices.\n  - Weaker demand from trading partners.\n- External pressures were a major drag on private investment and exports.\n- Domestic factors that compounded external shocks in 2014 included:\n  - An unexpected drop in subnational public investment level.\n  - Temporary supply disruptions in mining, fishing, and agriculture."
    },
    {
      "heading": "Growth outlook and projection",
      "content": "- Real GDP is projected to expand at about 3.75 percent in 2015, contingent on:\n  - Reversal of the supply shocks.\n  - Policy stimulus of 2014.\n- Growth is expected to rise in 2016–17."
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subject: Credit, Currencies, External debt, Financial institutions, Loans, Money, Public debt\n- Keywords: budget reallocation, CR, Credit, Currencies, Global, inflation expectation, ISCR, Loans, rate, repo operation, staff appraisal, terms of trade shock\n\n---\n\n Content in this bundle\n\n- cr15133\n  - cr15133 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15133 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-2015-article-iv-consultation-press-release-staff-report-and-statement-by-the-executive-42956"
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    "Published: May 27, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513539317.002",
    "Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction.",
    "In 2014 Peru faced a challenging external environment characterized by:",
    "External pressures were a major drag on private investment and exports.",
    "Domestic factors that compounded external shocks in 2014 included:",
    "Real GDP is projected to expand at about 3.75 percent in 2015, contingent on:",
    "Growth is expected to rise in 2016–17.",
    "Subject: Credit, Currencies, External debt, Financial institutions, Loans, Money, Public debt",
    "Keywords: budget reallocation, CR, Credit, Currencies, Global, inflation expectation, ISCR, Loans, rate, repo operation, staff appraisal, terms of trade shock",
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