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Social Tensions Bite At Growth Outlook (Emerging Markets Monitor)

20th July 2009 We are revising down our real GDP growth forecast for Peru to 2.3% in 2009 (from 3.2% previously) as heightened social tensions threaten to weigh on the country's investment climate. We are particularly concerned about the possibility of Peru falling off investors' radars in the event of persisting public unrest over the coming months.

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