Peru – Suspension of Disbursements

International Bank for Reconstruction and Development FOR OFFICIAL LISE 01\LY • J SecH87-483 From: Vice President and Secretary May 6, 1987 PERU SUSPENSION OF DISBURSEMENTS As of May 4, 1987, the Bank had not received service payments in the amount of US$56.6 million, a portion of which is overdue by more than 75 days. In view of these delays in payments, the Bank has suspended disbursements on all outstanding Bank loans to or guaranteed by Peru as of May 5, 1987. Distribution Executive Directors and Alternates President Senior Vice Presidents Senior Management Council Vice Presidents, IFC Directors and Department Heads, Bank and IFC I' " This documc:nt has a restricted distribution and m.iy be used by recip1en1s only in the performance of their oilirnll dulii:~. It~ rnntents may not otherwise be di<;closed--~~thout 'A-'orld ltmk __~u~~-~~~ation. _[ ~---~----