Latinnews Daily - 10 September 2004

PERU: Toledo to use mining royalties to boost military

Andean 12 July 2010 Modified: 10 September 2004 240 views

Development: President Alejandro Toledo revealed bold plans on 9 September to strengthen the military and the national police by channelling the proceeds from future royalties from mining projects and the giant Camisea natural gas initiative to the defence and interior ministries for 'strategic spending'.

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