Peru Selected Issues
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...
Corporate Author: | |
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2010
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Series: | IMF Staff Country Reports
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Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | 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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Physical Description: | 74 pages |
ISBN: | 9781455206674 |