Peru: Second Review Under the Stand-By Arrangement and Requests for Establishment of Performance Criteria Wavier of Nonobservance of Performance Criteria and Rephasing of Future Disbursements 2005 Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru
March 21, 2007
Summary
The staff report for the Fourth and Fifth Reviews Under the Stand-By Arrangement and Request for Waiver of Applicability discusses Peru’s economic performance. Peru’s financial markets have only been marginally affected by recent developments in emerging markets. Although further progress has been made with respect to structural reforms, efforts need to be stepped up in some areas. A main challenge in the period ahead will be to reconcile an increase in social spending with prudent fiscal policies.
Subject: Central banks, Economic sectors, External debt, Money, Public debt
Keywords: borrowing requirement, CR, Currencies, Global, inflation consultation mechanism, International reserves, ISCR, payment arrears, Public sector, quantitative performance criteria, waiver of applicability
Pages:
59
Volume:
2007
DOI:
Issue:
114
Series:
Country Report No. 2007/114
Stock No:
1PEREA2007005
ISBN:
9781451831139
ISSN:
1934-7685




