## Peru: First Review Under the Stand-By Arrangement: Staff Report; Staff Statement Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru

_IMF Staff Country Reports, July 13, 2007_

## Source details

**Canonical URL:** [Peru: First Review Under the Stand-By Arrangement: Staff Report; Staff Statement Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru](https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-first-review-under-the-stand-by-arrangement-staff-report-staff-statement-press-release-21186)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/peru-first-review-under-the-stand-by-arrangement-staff-report-staff-statement-press-release-21186/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/peru-first-review-under-the-stand-by-arrangement-staff-report-staff-statement-press-release-21186/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/peru-first-review-under-the-stand-by-arrangement-staff-report-staff-statement-press-release-21186/bundle-manifest.json)

## Bibliographic details
- Published: July 13, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451831146.002

---

### Summary and Purpose
- Presents Peru’s First Review Under the Stand-By Arrangement for SDR 172.37 million approved on January 26, 2007.
- Objective: Implement sound macroeconomic policies and reforms to reduce vulnerabilities, entrench sustainable growth, and reduce poverty, enabling a strong exit from IMF-supported programs and progress toward achieving investment grade.

### Key Findings
- The economic outlook is described as favorable.
- Risks to the outlook are largely dependent on external conditions, most notably:
  - commodity prices
  - global financial conditions

### Policy Recommendations and Analysis
- Implement sound macroeconomic policies.
- Carry out structural reforms aimed at:
  - reducing vulnerabilities
  - entrenching sustainable growth
  - reducing poverty
- Achieve conditions that would support a strong exit from IMF-supported programs and facilitate attaining investment grade.

### Subjects and Keywords
- Subject: Central banks, Economic sectors, Expenditure, External debt, International reserves, Public debt, Public investment and public-private partnerships (PPP), Public sector
- Keywords: appreciation pressure, Banco de la Nación, consumer confidence, CR, Executive Board discussion, financial market condition, Global, government procurement procedure, International reserves, ISCR, Public sector

---

## Content in this bundle

- **_cr07241**
  - [_cr07241 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07241.pdf.md){rel="alternate" type="text/markdown"}
  - [_cr07241 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07241.pdf){rel="external" type="application/pdf"}
- **Cr07241s**
  - [Cr07241s (Markdown version)](/-/media/websites/imf/imported-publications/external/pubs/ft/scr/2007/esl/_cr07241s.pdf.md){rel="alternate" type="text/markdown"}
  - [Cr07241s (PDF)](/-/media/websites/imf/imported-publications/external/pubs/ft/scr/2007/esl/_cr07241s.pdf){rel="external" type="application/pdf"}

---

_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-first-review-under-the-stand-by-arrangement-staff-report-staff-statement-press-release-21186_