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Thursday, Nov 18, 2004

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'No decision yet on using forex kitty to develop infrastructure'

Our Bureau

New Delhi, Nov. 17

STEERING clear of the debate over the proposal to use the rising foreign exchange reserves for infrastructure development, the Finance Minister, said that he was "carefully watching" the debate before firming up his views.

"I am carefully watching the debate as Finance Minister. Once we have all points of view we will take a decision in consultation with the Prime Minister, Dr Manmohan Singh," Mr Chidambaram said.

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