01630cas a2200241 a 4500 AALejournalIMF006425 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455206650 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Peru : Staff Report for the 2010 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (67 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2010 Article IV Consultation highlights that growth in Peru decelerated sharply in 2009, owing to the global financial crisis, but remained positive at about 1 percent for the year, despite a few months in negative territory. Thanks to the strong buffers built in recent years, Peru was able to implement a significant monetary and fiscal policy response, which helped to avoid a credit crunch, support domestic demand, and sustain employment. The central bank injected substantial liquidity in the financial system and lowered the policy rate to an historic low of 1.25 percent. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/098 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/098/002.2010.issue-098-en.xml IMF e-Library