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Ecuador Congress Censures Patiño

Jul 16, 2007

Ecuador's Congress has censured the country's finance minister, Ricardo Patiño, for an alledged manipulation of...

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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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