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World Bank Lends Record Amount to LatAm

Jul 6, 2010

The World Bank Group has committed $17.9bn to LatAm and the Caribbean in fiscal year 2010, an amount it describes as a record high. In FY 2009...

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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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