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IIC Clinches Ninja Loan

Oct 10, 2008

The IDB’s investment arm, the IIC, has raised a $70m equivalent 3.5-year yen-denominated loan with a...

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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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