On Thursday, the International Monetary Fund said its Executive Board granted Peru an $11 billion flexible credit line for a two-year period that would be used as precautionary funding as the country deals with the coronavirus pandemic.
Kristalina Georgieva, IMF Managing Director, said that Peru, given its “very strong policy and institutional frameworks,” had produced impressive macroeconomic results but remains vulnerable to external risks such as an extensive coronavirus outbreak.
The Panthera Post 