IMF Tells Peru to Stop Raiding Pensions and Reform Oil
Key Points — The IMF told Peru it needs fiscal consolidation of 0.9% of GDP by 2028 to meet its medium-term deficit target, warning that congressional spending bills without funding are undermining the fiscal framework — The fund urged reforms at state oil company Petroperú and warned that repeated pension fund withdrawals have “severely weakened” […] The post IMF Tells Peru to Stop Raiding Pensions and Reform Oil appeared first on The Rio Times.
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Key Points — The IMF told Peru it needs fiscal consolidation of 0.9% of GDP by 2028 to meet its medium-term deficit target, warning that congressional spending bills without funding are undermining the fiscal framework — The fund urged reforms at state oil company Petroperú and warned that repeated pension fund withdrawals have “severely weakened” […]
The post IMF Tells Peru to Stop Raiding Pensions and Reform Oil appeared first on The Rio Times.
