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Economy & Business - August 2006

PERU: Congress backs Garcí­a

Congress approved President Alan Garcí­a's five-year economic plan on 24 August. The plan has two aims: to make Peru attractive to foreign investors and to reduce poverty. The encouraging point for Garcí­a was congress's sweeping endorsement of his economic strategy. His plan was supported by 75 congressmen and opposed by only 18; another 23 congressmen abstained. 

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