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Ecuador Shelves Debt Buyback Plans

Oct 4, 2006

Ecuador has shelved its debt buyback plans in the face of falling bond prices. The government had until the end 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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