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Andean Group - April 2007 (ISSN 1741 4466)

Economic Overview

The central bank called on the government to adopt a policy of fiscal austerity that would make a more coherent contribution to monetary policy. The central bank's worries over the current, contradictory, mix of economic policies was franked at the beginning of April when Sergio Clavijo, president of the Asociación Nacional de Instituciones Financieras (Anif) said that the economy was overheating.

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