2013 gdp growth
Additional reporting by Shao Xiaoyi and Jonathan Standing; Writing by Koh Gui Qing; Editing by Kim CoghillConstruction workers ride along a street at central Shanghai, January 15, 2014. “In 2014, I believe reforms will continue to be a key driving forces for economic growth,” Ma said on Monday. The Gross Domestic Product (GDP) in Benin expanded 7.50 percent in the fourth quarter of 2019 over the same quarter of the previous year. 2012-13, 2013-14 slowdowns were a lot worse than the present one: Arvind Panagariya. Though an average of the 2014 growth targets already issued by 22 of China’s 31 local governments shows growth has been revised downwards by nearly a percentage point, large provinces that are China’s commercial centers have mostly kept their growth targets stable, he said. Ambitious investment by local Chinese governments that have racked up some $3 trillion worth of debt has been at the forefront of China’s investment drive in recent years, a trend that must be checked, said Ma Jiantang, head of China’s statistics bureau. Net exports, on the other hand, detracted 4.4 percent from overall growth. Mutual fund AUM constituted 10% of total bank deposits in 2013, increasing to around 18% now.Replying to the opposition charge of government overshooting fiscal deficit target prescribed in Fiscal Responsibility and Budget Management (FRBM) Act, she said the Narendra Modi government has always respected the FRBM and kept the discipline of FRBM Act.The CAD declined to 0.2% of gross domestic product in the three months, the third quarter of the 2019/20 fiscal year, from 2.7% in the same period a year before. “We expect China to benefit from improved global growth this year,” said Louis Kuijs, an economist at RBS in Hong Kong. Road infrastructure has become financially unviable.The govt is under immense pressure to boost demand by breaching the fiscal deficit.Liquidity conditions in India remain tight despite significant attempts made by the RBI.The 15th Finance Commission was told by the centre to reduce states' share of tax revenue. GDP (constant 2010 US$) GDP (current US$) GDP (constant LCU) GDP: linked series (current LCU) GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual … “On the whole, the Chinese economy is performing well through its adjustment phase,” said Brian Jackson, chief China economist at IHS Global Insight. Real GDP adjusts for the influence of price level change with a measure called the GDP implicit price deflator. The on... 12 … China’s steel output dropped for the third consecutive month in December, while oil consumption rose at its slowest rate in five years in 2013. India’s healthcare challenge finds it battling lifestyle and infectious diseases at the same time. The present forex reserves are sufficient to cover 14.9 months of imports, which are around 20 per cent of GDP, said the report, adding pre-Covid, the import cover was 11.4 months.For five years after 2013-14 we have grown at 7.5% and no...India’s healthcare challenge finds it battling lifestyle and infectious diseases at the same time. 25 Jan, 2020, 01:44PM IST View: Good health is good economics. That said, a minority of analysts are predicting China’s economy may speed up this year, confounding a prevalent belief that growth will slacken to make room for reforms. “Reforms won’t produce results overnight.” said Xu Hongcai, a senior economist at China Centre for International Economic Exchanges, a think-tank. “I don’t see any evidence of a rebalancing last year,” said Tim Condon, an economist at ING in Singapore. Sources with top think-tanks have told Reuters that the government will likely stick with its 7.5 percent economic growth target again in 2014.
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