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Monday, August 27

Financial Times Peru approves economic measures: "Prime Minister Roberto Daņino, who set out the government's strategy to fight poverty and create jobs, said the government will cut the payroll tax paid by companies to 2 per cent from 5 per cent and abolish it entirely within a year. However, he gave no date for when sales tax would also be cut." Congress did not approve a request for executive powers for issuing legislative changes quickly.



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