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Peru to Lose GDP on Earthquake

Aug 23, 2007

Peru will lose around 0.3% of real GDP growth this year, according to Goldman Sachs, which cites President Alan...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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