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PEP, or Python Enhancement Proposal, is crucial for the development of the Python programming language as it serves as a formal design document that provides information to the Python community or proposes changes. PEPs facilitate discussions on new features, standard library changes, and implementation strategies, ensuring that enhancements are well-considered and documented. They also promote consistency and transparency in the decision-making process, helping maintain Python's growth and evolution. Overall, PEPs contribute to a collaborative and structured approach to advancing the language.

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