# WBG highlights proper monetary, fiscal policy management in Peru | News | ANDINA - Peru News Agency

> The World Bank Group praised Peru's monetary and fiscal management in its semiannual report on Latin American monetary policy. Chief Economist Carlos Vegh noted that Peru cut its reference rate to 3.5% in September after raising it to 4.25% in 2016, and ruled out fiscal adjustment concerns despite a wider deficit tied to El Niño infrastructure spending.

- Date: 2017-10-11 · published 2017-10-11T12:00:00.000Z
- Category: macro · region Peru · magnitude low
- Page: https://feedsoft.ai/events/68733-wbg-highlights-proper-monetary-fiscal-policy-management-in-peru-news-andina
- Commodities: [Peruvian Sol (PEN per USD)](https://feedsoft.ai/c/USDPEN.md)

## Why it matters

Stable macro policy and continued public infrastructure spending support Peruvian domestic demand, with no clear direct impact on feed commodity supply or prices.

## Sources

- andina.pe: https://andina.pe/ingles/noticia-wbg-highlights-proper-monetary-fiscal-policy-management-in-peru-686086.aspx

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.