"The real economic growth
was 2.4 percent during six months since early 2019 compared to the same period of 2018.
India is expected to post real economic growth
of 7.2 percent in the 2019-2020 fiscal year, and is seeing below-target inflation even as rising oil prices add an upside risk, the governor said.
According to preliminary estimations, the real economic growth
made 5.1% in 2018.
Talking on the occasion, the minister underlined that the 12th Five Year Plan should contribute to real economic growth
covering all aspects for attaining sustained economic growth.
In order to achieve real economic growth
a national strategy for the development of the private sector is necessary, Arsovska said.
In a report, Nikita Anand, primary credit analyst at SandP, said a sustained depreciation of the peso could contribute to increasing inflation and consequently temper real economic growth
despite the banking industry's low foreign currency exposure.
While chairing a meeting on 12th Five Year Plan, Khusro Bakhtyar underscored the need that five year plan should be realistic and contribute to real economic growth
The national economy has suffered from a slowdown in growth and had also been vulnerable to developments witnessed recently in the Middle East, as preliminary data showed that the real economic growth
will stand at 2 percent, creeping towards 2.3 percent in 2019.
The Minister underscored the need that Five Year Plan should be realistic and contribute to real economic growth
. He noted that previous governments' priorities were different whereas the incumbent government is particularly focusing on socio-economic development for the uplift of the people.
The central bank said that though political uncertainty has relatively subsided due to a smooth transition between governments, 'concerns on the economic front continue to persist on the back of rising inflation and large twin deficits that are likely to compromise the sustainability of the high real economic growth
The minister announced, at a press conference on the sidelines of the conference, that Egypt targets a real economic growth
rate of 5.8% in the current FY, gradually increasing to 8% by the end of the medium-term sustainable development plan 2021/2022.