Peru: Staff Report for the 2013 Article IV Consultation
International Monetary Fund. Western Hemisphere Dept.
Jan 2014 · International Monetary Fund
Ebook
89
Pages
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About this ebook
This 2013 Article IV Consultation highlights that Peru’s economy continues to be a leader in high growth and low inflation in the region, which has been achieved through a prudent macroeconomic policy implementation, a far-reaching structural reform agenda and taking advantage of the benign external environment. After reaching 4.7 percent in 2011, end-period inflation fell to 2.6 percent in 2012, within the 1–3 percent target range. Stimulative monetary and fiscal policies played an instrumental role in supporting the recovery. The outlook remains favorable in the near term despite challenging external conditions.
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