Economic growth of pakistan

The Ministry of Planning and Investment estimated the public investment disbursement rate would reach more than 90 per cent of the plan as of the end January 31 (the deadline for disbursement of 2020 public investment), compared to 73.3 per cent of 2017, 66.8 per cent of 2018 and 67.46 per cent of 2019. … [Read more...] about Public investment to focus on key projects to create impetus for economic growth

Hanoi (VNA) - Vietnam’s economic growth is projected at 6.17 percent in 2021 in a base-line scenario and may even reach 6.72 percent in the best-case scenario, heard a conference held in Hanoi on January 20.UN Development Programme and the Ministry of Planning and Investment’s National Centre for Socio-economic Information and Forecasting (NCIF),  the “Vietnam’s Economy in the Medium Term 2021 - 2025: Recovery and Growth Accelerates” conference brought together a large number of economists, business leaders, and representatives of international organisations and business associations to discuss the outlook for Vietnam’s economy over the next five years and the actions needed to turn the expected rebound from COVID-19 into a sustainable economic recovery.COVID-19 rebound into a bold recovery in 2021 and beyond. Equally, it will determine the ability of the country to accelerate policies to achieve the medium-term aspirations of realizing the … [Read more...] about 2021 GDP growth may reach 6.72 percent in best-case scenario: Conference

“Vietnam is entering a new phase and it requires comprehensive and strong reforms to become a developed and modern country, overcoming the middle-income trap and avoiding being left behind by other countries in the region. To do this, we have to continuously innovate and improve institutions, policies, and adjust the goals and orientations for the development of IZs and EZs to adapt to the new context, contributing to the implementation of development strategies and the development of the country," Dong said. … [Read more...] about A separate law needed for industrial zone and economic zone development

“Such efforts, principally from the central government, have translated into an increase of investment expenditures from 4.8 per cent of GDP to 6.5 of GDP between the first nine months of 2019 and 2020, supporting aggregate demand through the multiplier effects on suppliers and jobs over time,” said an updated World Bank report on Vietnam’s economy. “With any stimulus programme, the role of public investment is not just to directly stimulate the economy, but also to crowd in private investment.” … [Read more...] about Reshuffle underway to further stimulate revival of economy

The statement was made at a conference on building Thu Duc City into an innovative, highly interactive urban area- an intellectual city- the creative core in the socio-economic development of the Southern Economic Region 4.0 on January 19 with the participation of deputy secretary of the city’s Party Committee and chairwoman of the People’s Council, Pham Phuong Thao and Head of the Propaganda and Education Department of the City Party Committee, Phan Nguyen Nhu Khue. … [Read more...] about Thu Duc City needs special mechanisms of development: Mr. Nguyen Thien Nhan