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Mid-Year Budget Review: Half-year economic performance genuinely strong, but risks remain – PwC
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MyJoyOnline
Nonetheless, it warned that some may prove harder to sustain as capital spending is reallocated, external risks worsen, and inflation begins to rise from unusually low levels.
It pointed out that the Minister of Finance’s year-end targets remain plausible, but not all carry the same degree of credibility.
“Overall, real Gross Domestic Product (GDP) growth around 4.8% looks achievable, looking at reported performance over the past two quarters.
The primary surplus target of 1.5% of GDP on a commitment basis also looks within reach, provided spending discipline holds”.
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