Peru : 2015 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Peru

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

May 27, 2015

Electronic Access:

Free Full text (PDF file size is 2463 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that Peru remains one of the best performing economies in Latin America, with solid macroeconomic policies and fundamentals and visible gains in poverty reduction. However, like most of the region, Peru faced a challenging external environment in 2014. Lower metal prices and weaker demand from trading partners were a major drag on private investment and exports. On the domestic front, an unexpected drop in subnational public investment level and temporary supply disruptions in mining, fishing, and agriculture compounded external shocks. Real GDP is projected to expand at about 3.75 percent in 2015, contingent on the reversal of the supply shocks and policy stimulus of 2014. Growth is expected to rise in 2016–17.

Series:

Country Report No. 15/133

Subject:

English

Publication Date:

May 27, 2015

ISBN/ISSN:

9781513539317/1934-7685

Stock No:

1PEREA2015001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

81

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