Peru: Selected Issues
Country Report No. 2024/134
United Kingdom: Staff Concluding Statement of the 2024 Article IV Mission
With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023. CPI inflation has fallen faster than was envisaged last year and is projected to return durably to target in early 2025.
Peru Exits the Flexible Credit Line Arrangement with the IMF
The Peruvian authorities have notified the International Monetary Fund (IMF) of their intention to let the current Flexible Credit Line (FCL) arrangement, approved by the IMF’s Executive Board on May 27, 2022, expire on May 26, 2024 and not to seek a successor FCL arrangement. This decision has been expected given the authorities’ previous intention to exit the arrangement conditional on evolution of external risks.
IMF Executive Board Concludes 2024 Article IV Consultation with Peru
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Peru on May 20, 2024