Focus Taiwan: Taiwan’s government revises 2019 GDP growth up to 2.64%

Taipei, Nov. 29 (CNA) The government on Friday raised its forecast for Taiwan’s 2019 economic growth rate to 2.64 percent, up 0.18 percentage points from its prediction made in August, despite a weakening global economy.

The Cabinet-level Directorate General of Budget, Accounting and Statistics (DGBAS) also forecast that the local economy will expand 2.72 percent in 2020, up 0.14 percentage points from its previous forecast.

View full article

Related Posts