• SHARE

The Cabinet on Friday endorsed the government’s fiscal 2006 economic outlook, which projects that deflation will end during the year with the nominal growth rate outpacing real growth for the first time since fiscal 1999.

The outlook sets the growth rates for the gross domestic product at 2.0 percent in nominal terms and 1.0 percent in inflation-adjusted terms for the year through March 31, 2007.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW