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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 :, 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

Abstract
This paper discusses key findings of the Second Review Under the Stand-By Arrangement for Peru. The economy continued to perform well in 2004. Real GDP grew by 5.1 percent, inflation was 3.5 percent at end-December, and the fiscal deficit of the combined public sector narrowed to 1.1 percent of GDP. However, poverty remains high. The reform of the preferential public pension regime was approved in mid-December, and the authorities are making progress toward awarding transportation infrastructure in concession to the private sector
Table Of Contents
Cover; Content; Executive Summary; I. Background; II. Recent Developments; Text Boxes; 1. Developments in 2004 and Early 2005; Figures; 1. Contributions to Real GDP Growth; 2. Inflation; 3. Net International Reserves; III. The 2005 Program and Outlook; A. Economic Outlook; 4. Current Account Balance; 2. Sensitivity to External Exchange Rate and Interest Rate Developments; 5. EMBI; B. Fiscal Policy; 3. Strengthening the Legal Fiscal Framework; C. Public-Private Partnerships; D. Monetary, Exchange Rate, and Debt Management Policies; 6. Money; 7. Exchange Rate; E. Financial Sector Policies
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (87 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780128089743

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