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Uruguay Growth to Slow, Says IMF

Dec 15, 2010

The IMF is projecting real GDP growth of 8.0%-8.5% this year, slowing to 5.0% in 2011 and 4.0% thereafter. “Sustaining growth at 4.0% a year over the medium term will require investments to...

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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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