## Peru: 2017 Article IV Consultation-Press Release; and Staff Report

_IMF Staff Country Reports, June 28, 2017_

## Source details

**Canonical URL:** [Peru: 2017 Article IV Consultation-Press Release; and Staff Report](https://www.imf.org/en/publications/cr/issues/2017/06/28/peru-2017-article-iv-consultation-press-release-and-staff-report-45001)

## Other formats

- [Markdown version](/en/publications/cr/issues/2017/06/28/peru-2017-article-iv-consultation-press-release-and-staff-report-45001/index.md)
- [Structured JSON version](/en/publications/cr/issues/2017/06/28/peru-2017-article-iv-consultation-press-release-and-staff-report-45001/index.json)
- [Bundle manifest](/en/publications/cr/issues/2017/06/28/peru-2017-article-iv-consultation-press-release-and-staff-report-45001/bundle-manifest.json)

## Bibliographic details
- Published: June 28, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484305195.002

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### Key findings and country performance
- Average growth of more than 5.25 percent since 2000.
- Significant reductions in unemployment and poverty.
- Inflation is in low single digits.
- Fiscal position has strengthened.
- Dollarization has declined markedly.

### Near-term outlook and growth projections
- GDP growth is projected to slow to about 2.7 percent in 2017.
- GDP growth is projected to rebound to over 3.75 percent in 2018, driven by:
  - Reconstruction spending filtering through the economy.
  - Previously delayed projects owing to the Odebrecht scandal beginning to catch up.

### Inflation outlook and drivers
- Inflation should gradually return to the target range as:
  - Weather-related factors abate.
  - Food price inflation declines.
- Inflation expectations and inflation outlook are identified as relevant subjects.

### Financial and external sector notes
- Subject areas highlighted include: Credit, Currencies, External debt, Financial institutions, Loans, Money, Public debt, and short-term debt.
- Keywords referencing risks and context include: corruption scandal, CR, ISCR, WB portfolio.

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2017/cr17166.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2017/cr17166.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2017/06/28/peru-2017-article-iv-consultation-press-release-and-staff-report-45001_