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Sunday, October 13

Forbes / Reuters Energy investors bemoan Peru's lost competitiveness: "[Energy executive Mile] Cacic told reporters he missed the 1990s, when Peru promoted itself with a stable regulatory framework and solid economy that attracted some $4.8 billion in investment into the energy sector, and giving Peru an energy surplus. Some business leaders here expressed concerns as Peru struggles to drum up cash to plug its fiscal deficit through higher taxes and moves to revise tax stability pacts which offered some businesses exemptions."



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