| The Country Partnership Strategy for Peru (CPS) is the detailed report on the World Bank's priority areas to assist countries with their own development programs. It describes all of the World Bank's planned operations in Peru: lending, studies and other technical assistance. The full CPS documents are available below, and the print version of the CAS is available at the Public Information Center (s).  PERU - COUNTRY PARTNERSHIP STRATEGY FOR THE PERIOD FY07-FY09 The current CPS for Peru projects financial assistance of up to US$3.5 billion between July 2007 and June 2011 to support the country’s development agenda. It includes a lending range of up to US$700 million a year, seeks to support the new government’s priorities. The strategy was designed in partnership with the Peruvian authorities, and also benefited from the input of diverse stakeholders, including civil society, private sector, donor community, and government representatives. These groups participated in workshops in Ayacucho, Cajamarca, and Lima. The strategy proposes a selective program of operations from the International Bank for Reconstruction and Development (IBRD) and the International Finance Corporation (IFC), which is the private sector arm of the World Bank Group. The program is built upon three strategic pillars to support Peru’s efforts to increase economic growth and competitiveness, reduce poverty and inequality, and strengthen the country’s public institutions.
 PERU - COUNTRY PARTNERSHIP STRATEGY PROGRESS REPORT FOR THE PERIOD FY07-FY09 The country partnership strategy (CPS) for Peru covering the period FY07-FY11 was discussed by the Board of Executive Directors on December 19, 2006. While the CPS objectives of sustained economic growth and significant poverty reduction are still relevant, there have been changes in the international context that call for adjustments in the program. During the initial period of this CPS, overall demand for lending was substantially lower than anticipated due to the government's prudent debt management and the materialization of significant fiscal surpluses. However, the government's concern about the impact of the ongoing global crisis has translated into more vigorous demand for Bank lending in the second half of 2008, with emphasis on contingent Development Policy Loan (DPL)-Deferred Drawdown Option (DDO) instruments which the government sees as critical to its plan to mitigate potential crisis impacts. This progress report assesses the implementation of the first two years of the CPS and describes the changes required to realign the strategy to the Government's current needs.  |
 
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