Peru : Selected Issues

1PEREA2010002 Image
Price:  $18.00

Release Date: © April, 2010
ISBN : 978-1-45520-667-4
Stock #: 1PEREA2010002
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This paper assesses the performance of Peru’s alternative fiscal rules in supporting medium-term fiscal policy objectives. Peru has shown steady fiscal surpluses and declining debt vulnerabilities. Subnational government constrains to borrow internationally have been relaxed, which could become a concern in the future. Current debt levels are already low, which may allow the authorities to move quicker toward a structural balance rule, or even propose a small structural deficit, without jeopardizing debt sustainability.


Economic policy , Fiscal policy

More publications in this series: IMF Staff Country Reports