CAF Latinoamrica expected to grow in 2011 "above the 4%"

The president of the corporation Andina de Fomento (CAF), Enrique Garca, augur today that this year will have Latin American economic "moderate growth ( ...) over 4%, "a level which should not be satisfied Regin.
Latinoamrica must increase its growth "rates should be above 5%" annually, said Garca in a press briefing in Paris, where he participated in a conference organized by, wow gold, CAF and the Institute Research policy of the French capital, Sciences Po.
Faster than the progresin current Gross Domestic Product (GDP) is what will allow the Regina Search convergence with more advanced and passes also reduce social inequalities and make sustainably, argument.
To achieve this, he explained that America must invest Amrican ms, at least 25% of its GDP, compared to 21% today. And he set the example that in some passes Asites the investment represents more than 35% of their wealth.
In his view not sufficient to increase the volume of investments, but hese should improve its quality, and focus particularly on infrastructure and educacin.
The regional bank president In addition, consider that Latinoamrica should "strengthen its institutional quality much more."
Although estimates on the Economic,aion kinah, Crisis Response has received a "good trend" in the governments of the region that have been on guard against more recent events, Marc and worshiping especially differences to "have made POLICIES passes of State" and are "successful."
In this group, cit Garca the cases of Chile, Brazil and Peru but neg to name names when asked by others who have been less modlicos on the grounds, among others, that not everyone has the same institution.
Latinoamrica record that whole global crisis "very well dnded," and as after recesin suffered in 2009 there was a "significant rebound" in 2010 with a growth of 6% on average.
Now "we hope to again this situation will deteriorate no more" because among other things, there is almost no external debt problem and passes with high levels of reserves in your country , Bolivia, accounting for 60% of GDP, more even than China.
The "NUMBER" one of the CAF, which with its 22,000 million dollars of assets representing approximately 30% of the multilateral financiacin Latinoamrica-record the peculiarities of the organization that presides over " is the only one quizs regional multilateral character (...) passes property development. "
Also put emphasis on runescape gold it is a institucin "independent", "ideologized" in which "the loans not link to events Policy How" but the quality of the projects: "We do not tell (the passes) that have to be a model X, Y or Z ".
Asked about the evolution of the crisis in Europe, said he was "somewhat surprised" and found that "the system is very complex decision" and that "postponing estn decisions," but declined to give recipes: "I do not have the pretensin IMF" International.
Coinciding with the presence of Garca in Paris, yesterday signed with CAF AFD financiacin a line of 150 million euros.