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

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

Research Update: Republic of Peru 'BBB+/A-2' Foreign Currency Ratings Affirmed; Outlook Remains Stable - S&P Global Ratings’ Credit Research
Research Update: Republic of Peru 'BBB+/A-2' Foreign Currency Ratings Affirmed; Outlook Remains Stable
Published Jun 14, 2017
10 pages (4545 words) — Published Jun 14, 2017
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

Two negative shocks, which we view as temporary, have hurt the Peruvian economy this year, leading the government to launch a fiscal stimulus plan and loosen its fiscal targets for the next four years. The Republic of Peru's low government debt, coupled with monetary policy credibility and an improved external profile, are key ratings strengths that provide support during this temporary policy adjustment. 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 stable outlook incorporates our expectation that Peru's economy will gradually gain momentum, with a long-awaited recovery in investment after the transitory shocks fade while it continues to maintain a solid fiscal profile. On

  
Brief Excerpt:

...Two negative shocks, which we view as temporary, have hurt the Peruvian economy this year, leading the government to launch a fiscal stimulus plan and loosen its fiscal targets for the next four years....

  
Report Type:

Research Update

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

  
MLA:
S&P Global Ratings’ Credit Research. "Research Update: Republic of Peru 'BBB+/A-2' Foreign Currency Ratings Affirmed; Outlook Remains Stable" Jun 14, 2017. Alacra Store. Mar 28, 2024. <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Peru-BBB-A-2-Foreign-Currency-Ratings-Affirmed-Outlook-Remains-Stable-1868328>
  
APA:
S&P Global Ratings’ Credit Research. (). Research Update: Republic of Peru 'BBB+/A-2' Foreign Currency Ratings Affirmed; Outlook Remains Stable Jun 14, 2017. New York, NY: Alacra Store. Retrieved Mar 28, 2024 from <http://www.alacrastore.com/s-and-p-credit-research/Research-Update-Republic-of-Peru-BBB-A-2-Foreign-Currency-Ratings-Affirmed-Outlook-Remains-Stable-1868328>
  
US$ 225.00
$  £  
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