Fiscal Balance in Peru

Peru Fiscal Balance | Economic News & Forecasts

Peru - Fiscal Balance

Economic growth likely cooled somewhat in the fourth quarter of 2019, after accelerating in the third quarter on the back of both stronger public and private consumption amid sustained job creation and robust credit growth. In October-November, the expansion in economic activity slowed and the external sector continued to show weakness. With one eye on this month’s election and in a bid to stimulate growth via public investment, the government approved an emergency decree at the end of December to extend the deadline for reducing the country’s fiscal deficit to 1.0% of GDP from 2021 to 2024. On 14 January, the Constitutional Court ruled that President Vizcarra’s decision to dissolve Congress and call early parliamentary elections on 26 January was constitutional—a clear win for the president.

Peru - Fiscal Balance Data

2014   2015   2016   2017   2018  
Fiscal Balance (% of GDP)-0.2  -1.9  -2.3  -3.0  -2.3  

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Peru Facts

Value Change Date
Bond Yield0.0-0.60 %Nov 08
Exchange Rate3.31-0.06 %Jan 01

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