Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable - S&P Global Ratings’ Credit Research

Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable

Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable
Published Aug 10, 2016
9 pages (4702 words) — Published Aug 10, 2016
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

OVERVIEW The ratings on the Republic of Peru reflect the country's track record of pragmatic and predictable policies and some progress on structural reforms over the past two decades through various political transitions. This includes our expectation of broad continuity and pragmatism in macroeconomic policies based on signals from the new Pedro Pablo Kuczynski Administration that took office July 28. We are affirming the long-term foreign and local currency ratings on Peru at 'BBB+' and 'A-', respectively, and the short-term ratings at 'A-2'. The outlook remains stable, based on our assumption that Peru's institutional framework, track record of pragmatism that reflects political consensus on macroeconomic policy, and the interaction between the new Administration and Congress will underpin moderate fiscal and

  
Brief Excerpt:

...OVERVIEW + The ratings on the Republic of Peru reflect the country's track record of pragmatic and predictable policies and some progress on structural reforms over the past two decades through various political transitions. + This includes our expectation of broad continuity and pragmatism in macroeconomic policies based on signals from the new Pedro Pablo Kuczynski Administration that took office July 28. + We are affirming the long-term foreign and local currency ratings on Peru at '###+' and 'A-', respectively, and the short-term ratings at 'A-2'. + The outlook remains stable, based on our assumption that Peru's institutional framework, track record of pragmatism that reflects political consensus on macroeconomic policy, and the interaction between the new Administration and Congress will underpin moderate fiscal and external deficits and a commitment to low inflation in the next two to three years. RATING ACTION On Aug. 10, 2016, S&P Global Ratings affirmed its long-term foreign currency...

  
Report Type:

Ratings Action

Ticker
1131Z@PE
Issuer
Sector
Global Issuers, Structured Finance
Country
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable" Aug 10, 2016. Alacra Store. Sep 28, 2021. <http://www.alacrastore.com/s-and-p-credit-research/Republic-of-Peru-Foreign-Currency-Ratings-Affirmed-At-BBB-A-2-Outlook-Remains-Stable-1691207>
  
APA:
S&P Global Ratings’ Credit Research. (). Republic of Peru Foreign Currency Ratings Affirmed At 'BBB+/A-2'; Outlook Remains Stable Aug 10, 2016. New York, NY: Alacra Store. Retrieved Sep 28, 2021 from <http://www.alacrastore.com/s-and-p-credit-research/Republic-of-Peru-Foreign-Currency-Ratings-Affirmed-At-BBB-A-2-Outlook-Remains-Stable-1691207>
  
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