European Parliament Library

Peru :, Second Review Under the Stand-By Arrangement and Requests for Establishment of Performance Criteria Wavier of Nonobservance of Performance Criteria and Rephasing of Future Disbursements 2005 Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Peru

The staff report for the Fourth and Fifth Reviews Under the Stand-By Arrangement and Request for Waiver of Applicability discusses Peru’s economic performance. Peru’s financial markets have only been marginally affected by recent developments in emerging markets. Although further progress has been made with respect to structural reforms, efforts need to be stepped up in some areas. A main challenge in the period ahead will be to reconcile an increase in social spending with prudent fiscal policies
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Developments; Figures; 1. Recent Market Volatility; Text Boxes; 1. Main Achievements under the 2004-06 Program; 2. Exchange Rate and Net Intervention in the Foreign Exchange Market; 3. Contributions to Real GDP Growth; 4. Private Consumption and Consumer Confidence; 5. Bank Credit to the Private Sector; 6. Current Account; 7. Combined Public Sector Primary Balance; 2. Has Fiscal Policy Been Procyclical in Recent Years?; III. Policy Discussions; A. Discussions with the Incoming Authorities; B. Program Reviews
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (60 p.)
Specific Material Designation
Form Of Item

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