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Sunday, October 13

Forbes / Reuters Forbes.com: Peru shears August fiscal deficit to 38 mln sls: "The government of President Alejandro Toledo is aiming for a 2002 budget deficit of 1.9 percent to 2.2 percent of gross domestic product, but some economists say that goal will be hard to meet as officials struggle to juggle fiscal discipline with the spending needs of this desperately poor country." Increasing tax revenue means looking at the many tax breaks for business and that steps on lots of toes.



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