This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Peru and the IMF. Additional information can be found on Peru and IMF country page, including official IMF reports and Executive Board documents in English and Spanish that deal with Peru.
At a Glance
- Current IMF membership: 189 countries
- Peru joined the Fund in December 31, 1945; accepted Article VIII obligations on February 15, 1961
- Total Quota: SDR 638.40 Million
- Loans outstanding: None
- Last Article IV Consultation: 2014 Article IV staff report was discussed by the Executive Board on May 20, 2015
IMF’s Work on Peru
June 13, 2016
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
April 26, 2016
Author/Editor: Luis Catão ; Marco Terrones
Series: Working Paper No. 16/97
April 16, 2016
Capacity development is essential for helping countries build strong fiscal institutions that are capable of supporting sustainable, inclusive growth and development, a recent seminar emphasized.
December 17, 2015
Author/Editor: Serkan Arslanalp ; Takahiro Tsuda
Series: Working Paper No. 15/263
November 13, 2015
As the global recovery continues, growth remains uneven and modest overall, with uncertainty and financial market volatility on the rise. At the October 2015 IMF-World Bank Annual Meetings in Lima, Peru, the high-level program of seminars engaged today’s foremost leaders to help pave the way for sustainable solutions.
Regional Economic Outlook
Managing Transitions and RisksApril 2016
With the global economy still struggling, many countries in Latin America and the Caribbean are facing a harsher world than they did just a few years ago. The growth outlook is weaker in advanced and emerging economies alike, while the gradual slowdown and rebalancing of economic activity in China is likely to keep commodity prices lower for longer. Meanwhile, favorable external financial conditions over the past several years have become more volatile, and risks of a sudden tightening are on the rise.
Against this backdrop, economic activity in Latin America and the Caribbean has been revised downward, compared with our January update and is likely to contract for a second consecutive year in 2016. But the growth outlook varies substantially within the region. While external conditions have placed a large drag on all commodity exporters, countries expected to post negative growth will do so mainly because of domestic imbalances and rigidities at home, and, in certain cases, temporary impact of policies designed to transition away from earlier distortions.
But the news isn't all bad. In the rest of the region—and particularly where policy frameworks have been strengthened over the past two decades—a relatively smooth adjustment continues. Given these broad contours, growth stories vary between the south and north.