| BUSINESSWEEK ONLINE : FEBRUARY 1, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- LATIN AMERICA
The President-Elect's Action Plan FOREIGN DEBT Wants to reschedule payments on $23 billion in debt to free up cash for social programs FOREIGN INVESTMENT Is wooing investors in oil and other sectors with the promise of less corruption, stronger investment protections EXCHANGE RATE Intends to maintain trading band for the overvalued bolivar, but may try to gradually depreciate the currency by widening the band NEW CONSTITUTION Threatens to shut down Congress if it blocks his proposal to reform country's constitution DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
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