An Ineffective Economic Formula

Twelve such packages have been announced over the last eight months. Businesses, however,

July 12, 2016

Twelve such packages have been announced over the last eight months. Businesses, however, feel they are not enough to stimulate economic growth or to increase industrial competitiveness. In the first quarter of 2016, the economy grew at an annualized rate of just 4.92 percent, short of the targeted 5.3 percent. This does not bode well for the government.

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