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

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2015. "Peru: 2015 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for Peru," IMF Staff Country Reports 2015/133, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2015/133
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    1. repec:zbw:bofitp:2019_024 is not listed on IDEAS
    2. World Bank Group, 2015. "Malaysia Economic Monitor, December 2015," World Bank Publications - Reports 23565, The World Bank Group.
    3. Barseghyan, Gayane, 2019. "Sanctions and counter-sanctions : What did they do?," BOFIT Discussion Papers 24/2019, Bank of Finland, Institute for Economies in Transition.
    4. Haydeeliz Carrasco & Hamidou Jawara & Moritz Meyer, 2022. "The Effects Of Fiscal Policy On Inequality And Poverty In The Gambia," Commitment to Equity (CEQ) Working Paper Series 117, Tulane University, Department of Economics.

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