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Andean Group - December 2008 (ISSN 1741-4466)

Debt: back to the brink again

On 19 November, Ecuador published a report on whether the foreign debt contracted between 1976 and 2006 was “legitimate." The report from the Comisión para la Auditorí­a Integral del Crédito Público Ecuatoriano (Caic), predictably, found that very little of the debt was legitimate.

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