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Andean Group - April 2007 (ISSN 1741 4466)

Economic Overview

President Alan Garcí­a is aiming to win Peru an investment-grade credit rating. The irony is that he led the country into economic disaster, and a breach with the IMF, in his first administration (1986 to 1990). In 2006, the country had its biggest budget surplus since 1970.

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