Peru Fiscal Stabilization Fund

Peru US$ 7.1 Billion Origin: Non-Commodity

Profile Directories

Sovereign Wealth Funds

Public Funds

Established: 1999
Transparency Rating: n/a
View Sovereign Fund Transaction Data
Firm Investment Style: n/a
Entity Structure: Fund
Population Est.: 30.38 million – 2013

Fund Details

Main Office
Banco Central de Reserva del Perú
Jr. Antonio Miró Quesada 441-445
Lima-1, Perú
Tel: (511) 613 2000

Strategy & Objectives
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Governance
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Summary
Peru has a fiscal stabilization fund called Fondo de Estabilización Fiscal (FEF). The FEF is funded by surpluses made from the Peruvian Treasury, 10% of concessional fees, and 10% of privatization proceeds. The FEF is subject to a cap of 4% of GDP, any excess money from the savings fund goes towards debt reduction.

Background on Peru Fiscal Stabilization Fund
In December 1999, the Ley de Responsabilidad y Transparencia Fiscal (FRTL) law was enacted. The FRTL comprises a fiscal stabilization fund (FEF).