{
  "title": "Peru: Third Review and Inflation Consultation Under the Stand-By Arrangement and Request for Waiver of Applicability of Performance Criteria: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru",
  "publication": "IMF Staff Country Reports, July 30, 2008",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-third-review-and-inflation-consultation-under-the-stand-by-arrangement-and-request-for-22216",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-third-review-and-inflation-consultation-under-the-stand-by-arrangement-and-request-for-22216",
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  "summary": "This paper discusses key findings of the Third Review for Peru and Inflation Consultation Under the Stand-By Arrangement.",
  "authors": [
    "Arrangement",
    "Request"
  ],
  "publishDate": "2008-07-30",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Key findings",
      "content": "- All performance criteria for end-December 2007 and end-March 2008 were observed.\n- Inflation in March exceeded the upper limit of the program’s consultation band around the official inflation target range.\n- The end-March structural benchmark was observed.\n- Progress has been made on end-June benchmarks."
    },
    {
      "heading": "Economic outlook and risks",
      "content": "- The outlook for 2008 remains favorable, with the economy continuing its strong momentum.\n- Downside global risks are buffered by improvements in fundamentals and prudent policies."
    },
    {
      "heading": "Thematic coverage",
      "content": "- Subject areas: Central Banks, Economic sectors, External debt, Inflation, International reserves, Prices, Public debt, Public sector\n- Keywords: assessment of the risk, CR, Global, Inflation, inflation expectation, International reserves, intervention regime, ISCR, Peruvian inflation, poverty alleviation strategy, Public sector, risk, staff\n\n---\n\n Content in this bundle\n\n- cr08258\n  - cr08258 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr08258 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/peru-third-review-and-inflation-consultation-under-the-stand-by-arrangement-and-request-for-22216"
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    "Authors: Arrangement, Request",
    "Published: July 30, 2008",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451831160.002",
    "All performance criteria for end-December 2007 and end-March 2008 were observed.",
    "Inflation in March exceeded the upper limit of the program’s consultation band around the official inflation target range.",
    "The end-March structural benchmark was observed.",
    "Progress has been made on end-June benchmarks.",
    "The outlook for 2008 remains favorable, with the economy continuing its strong momentum.",
    "Downside global risks are buffered by improvements in fundamentals and prudent policies.",
    "Subject areas: Central Banks, Economic sectors, External debt, Inflation, International reserves, Prices, Public debt, Public sector",
    "Keywords: assessment of the risk, CR, Global, Inflation, inflation expectation, International reserves, intervention regime, ISCR, Peruvian inflation, poverty alleviation strategy, Public sector, risk, staff",
    "**_cr08258**"
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