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IMF warns South America on risks after commodity boom

Posted on 25 April 2014

South American countries should consider creating fiscal stabilization funds to buffer their economies against a decline in commodity prices expected to damp growth in the coming years, the International Monetary Fund said.
Setting up stabilization funds and accelerating infrastructure investment would allow the economies to increase productivity to sustain growth as a decade-long commodity boom peters out, the Washington-based fund said in a report posted on its website………………………………………..Full Article: Source


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