Peru To Sign New IMF Standby Agreement

Peru To Sign New IMF Standby Agreement


Peru is to sign a new standby agreement with the International Monetary Fund (IMF) before the end of the year. The credit line will help the country protect itself against future drops in commodity prices, the government said. The last agreement with the Multilateral expired in July. The announcement follows President Alan García's whirlwind tour of Washington earlier this week, which began with the first meeting so far between the "Comeback Kid" and President George W. Bush. The last time Alan

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