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Peru: Selected Issues

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Abstract

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.

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  • International Monetary Fund, 2010. "Peru: Selected Issues," IMF Staff Country Reports 2010/099, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/099
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    Cited by:

    1. Julia Bersch & Tara M. Sinclair, 2014. "Statistical versus economic output gap measures: evidence from Mongolia," Economics Bulletin, AccessEcon, vol. 34(3), pages 1864-1874.
    2. International Monetary Fund, 2010. "Chile: Selected Issues Paper," IMF Staff Country Reports 2010/299, International Monetary Fund.

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