Peru : 2006 Article IV Consultation and Request for Stand-By Arrangement—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2007/054

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund--Peru.

International Monetary Fund.

Poverty--Peru.

Poverty.

Fiscal policy--Peru.

Fiscal policy.

Physical Description:

1 online resource (103 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2007.

Language Note:

English

Summary:

The 2006 Article IV Consultation with Peru and request for a Stand-By Arrangement highlights that the Peruvian economy has been reaping benefits of sound policies in a favorable external environment. The new government remains committed to sustaining fiscal consolidation to entrench macroeconomic stability while boosting infrastructure and social spending to decisively reduce poverty. Executive Directors commended the progress made in identifying foreign exchange-related credit risks in the banking system, and encouraged the authorities to implement their reform agenda aimed at reducing risks from dollarization.

Contents:

""Cover""; ""Contents""; ""Executive Summary""; ""I. Introduction""; ""II. The Current Setting""; ""III. Outlook""; ""IV. Policy Discussions and the 2007�08 Program""; ""A. Entrenching Fiscal Consolidation""; ""B. Tackling High Poverty""; ""C. Strengthening the Inflation Targeting Framework""; ""D. Strengthening the Resilience and Depth of the Financial System""; ""E. Other Growth-Enhancing Reforms""; ""V. Program Modalities and Other Issues""; ""VI. Staff Appraisal""; ""Text Boxes""; ""1. Past Fund Policy Recommendations and Implementation""; ""2. Regional Poverty and Public Resources""

""3. Exchange Rate Regime""""4. Free Trade Agreement (FTA) with the United States""; ""Tables""; ""1. Selected Economic Indicators""; ""2. Fiscal Operations of the Combined Public Sector""; ""3. Financing of the Combined Public Sector""; ""4. Fiscal Operations of the Central Government""; ""5. Public Sector Social Expenditure""; ""6. Monetary Survey""; ""7. Financial Soundness Indicators""; ""8. Balance of Payments""; ""9. External Financing Requirements and Sources""; ""10. Medium-Term Macroeconomic Framework""; ""11. Financial and External Vulnerability Indicators""

""12. Millennium Development Goals""""13. Quantitative Performance Criteria and Inflation Consultation Mechanism, 2005 and 2006""; ""14. Proposed Schedule of Purchases Under the Stand-By Arrangement, 2007�09""; ""15. Capacity to Repay the Fund as of November 30, 2006""; ""Figures""; ""1. Indicators of Economic Activity""; ""2. Comparison of Vulnerabilities with Investment Grade Countries, 2006""; ""Annexes""; ""1. Debt Sustainability Analysis""; ""Appendices""; ""1. Fund Relations""; ""2. World Bank Relations""; ""3. Relations with the Inter-American Development Bank""

""4. Statistical Issues""

Notes:

Description based upon print version of record.

Description based on online resource; title from PDF copyright page (ebrary, viewed July 02, 2015).

ISBN:

9786613743008

9781462381609

146238160X

9781452782997

1452782997

9781280920820

1280920823

9781452714455

1452714452