Peru : First Review Under the Stand-By Arrangement and Requests for Modification of Performance Criterion and Waiver for Nonobservance of Performance Criterion

Author/Editor:

International Monetary Fund

Publication Date:

March 7, 2007

Electronic Access:

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Summary:

The staff report for the First Review Under the Stand-By Arrangement and Requests for Waiver of Performance Criterion and Waiver for Nonobservance of Performance Criterion highlights Peru’s policy discussions and staff appraisal. A draft law was prepared with a view to establishing sanctions for noncompliance with the law’s fiscal deficit target. Monetary policy continues to be managed prudently within the inflation-targeting framework. The central bank expects dollarization to gradually decline as a result of sound economic policies and strong bank supervision.

Series:

Country Report No. 07/99

Subject:

English

Publication Date:

March 7, 2007

ISBN/ISSN:

9781451831115/1934-7685

Stock No:

1PEREA2007003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

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