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  Emerging Market Economic Headlines

  May 18, 2012

  - Commercial banks NPL ratio registered at 0.9% at end of Q1/2012.
  - Consumers willingness to spend declined in Q1/2012.
  - Economy forecasted to grow by 8.7% in 2012.
  - Unemployment rate expected to increase to 3.5% in February-April.
  - Country and Peru decide to discuss trade pact.
  - Monetary policy must act even if inflation is fuelled by food prices.
  - President insists upon governors and mayors to assist in curbing inflation.
  - Investment likely to be key contributor to growth in 2013.
  - Central bank inks MOU to promote bilateral relations with Turkey抯 central bank.
  - Lack of infrastructure seen to be obstructing economic growth.

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