... for global growth of 3.4% in 2017 (3.1% in 2016) and 3.6% for 2018, unchanged from the Fund’s previous forecast in October. The World Bank forecasts global GDP growth to increase by 2.7% in 2017 compared ...
... market over the medium-term.
Growth prospects remain positive yet challenging. The Ministry of Finance’s forecast of real GDP growth of 4.0-5.0% for 2017 appears on the high side, 4.0-4.5% is a more ...
CONCLUSION
While there are no overwhelming positives or negatives in the recalibrated budget, the above measures will ensure that the earlier forecasted GDP growth of 4-4.5% can be attained, ...