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Wednesday, June 27

iWon / Reuters IMF says to start talks with Peru next week: "Peru signed a $166 million standby loan with the IMF in March to support economic reforms and ensure economic stability in the run up to the election. Earlier this month, interim Economy Minister Javier Silva Reute asked the IMF to send a team to Peru in order to discuss a possible easing of the country's debt servicing load." It's going to take several rounds of talks to work out the kinks in Peru's payment schedule. Fujimori backloaded it.



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