LUSAKA Jordan 6 Wheat Pre Order , June 17 (Xinhua) -- The World Bank on Wednesday advised the Zambian government to improve its fiscal policy in order to contain the rising budget deficit.
Kundhavi Kadiresan, the bank's director for Zambia, Zimbabwe and Malawi, said the government needs to deal with the growth in government spending which has pushed the budget deficit to at least six percent of the Gross Domestic Product (GDP).
In remarks delivered when the bank released its 5th Zambia Economic Brief Jordan 6 Retro Wheat , the official said the government should contain the growth of spending on salaries and subsidies to create fiscal space for programs that reduce poverty.
While acknowledging Zambia's positive sustained economic growth, the bank said the main challenge for the country was to strengthen fiscal policy in order to have inclusive growth and reduce poverty.
According to her, the budget deficit poses a risk to the southern African nation's macroeconomic stability and growth of the economy, adding that the government needs stringent fiscal policy to support growth going forward.
Zambia Jordan 6 Wheat For Sale , she said, spends more on salaries as a share of the Gross Domestic Product (GDP), compared to other countries in the world.
On Tuesday, Finance Minister Alexander Chikwanda revealed that the 2015 budget deficit has increased to 20 billion Zambian Kwacha (about 2.7 billion U.S. dollars) from the initial projected figure of 8.5 billion (about 1.2 billion dollars) in the first six months of the year.
The Zambian minister said reduced copper earnings and unbudgeted for expenditure such as a presidential election held in January followed the death of President Michael Sata Jordan 6 Wheat 2017 , had exerted extreme pressure on the budget resulting in the widening budget deficit.
The government, he said, will have to increase its external borrowing to complete infrastructure projects while new projects will not be entertained.
Meanwhile, the World Bank said Zambia needs to design fiscal policies that ensure fair revenue to the government whilst also encouraging private sector investment.
According to the economic briefing titled "Making Mining Work for Zambia: The Economic Jordan 6s Wheat , Environmental and Health Nexus of Zambia' s Copper Mining Economy" the bank said mining was an important source tax revenue foreign currency earning and jobs for the country hence the need to ensure that decisions made on the sector encouraged sustained growth of the sector.
"This also requires that government has adequate capacity to deliver on all these issues that the mining companies take part and disclose the necessary long-term planning information required to undertake the necessary analysis," the bank representative said.
JAKARTA, May 28 (Xinhua) -- The central bank of Indonesia revised downwards its forecast for the country's economic growth to 5.1 percent this year from its initial estimation of 5.4 percent due to weak export and spending, Agus Martowardojo Jordan 6 Wheat , governor of the bank said here on Thursday
The bank estimates the gross domestic product growth in the second quarter at 4.9 percent, 5.3 percent in the third quarter and 5.4 percent in the final quarter, after the country witnessed the lowest growth since 2009 of 4.71 percent in the three months through March.
"For the whole of the year, the central bank projects the economic growth at 5.1 percent http://www.jordan6wheat.com/mens-air-jordan-6-wheat-golden-harvest-sail-384664-705-for-sale.html ," Martowardojo told lawmakers at a parliamentary hearing.
Indonesia's gross domestic product growth reached 5.02 percent last year.
The governor revealed that the government spending would be the trigger of the economic expansion at the second quarter.
Weak government spending was blamed for the subdued economic growth in the first quarter as export and investment remained low.
The central bank governor said the acceleration of the economic growth will proceed to the fourth quarter along with the rise of the government spending, consumption and banking credits.
KABUL， Oct. 17 (Xinhua) -- Afghanistan kicked off a mass vaccination campaign against polio after a new case of the infectious disease was recently confirmed， the Public Health Ministry said on Monday.
Starting from Monday， the house-to-house drive will target 9.5 million children of less than five-year-old， the ministry said in a statement.
"The campaign runs throughout Afghanistan for four days， from 17-19 October， with a catch-up day to revisit missed children on 21 October，" the statement said.
The number of polio cases recorded in the militancy-hit country has risen to eight so far this year after a fresh case was confirmed in Barmal district of the eastern Paktika province while some cases were detected in eastern Kunar and southern Helmand and Kandahar provinces.
"Polio is a crippling disease that cannot be treated but it can be prevented through vaccination. Every child under the age of five in Afghanistan should be vaccinated during each immunization round to ensure they are protected，" the statement reads.
"Afghanistan is on track to stopping the transmission of polio and our focus is now on finding and vaccinating every child missed for any reason. Most of Afghanistan remains polio-free，" Afghan Minister of Public Health Ferozuddin Feroz was quoted as saying.
During this polio campaign all children aged 2-5 years will also receive de-worming tablets， according to the statement.
The ongoing insurgency and conflicts have been hindering the efforts to stamp out the infectious disease in the mountainous country.
MELBOURNE, Jan. 24 (Xinhua) -- Kei Nishikori, Maria Sharapova and Serena Williams have become the first players into the last eight of this year's Australian Open.
Nishikori toughed out an entertaining 6-4 Mens Air Jordan 6 Wheat Golden Harvest Sail 384664-705 For Sale , 6-2, 6-4 win over 2008 Open finalist Jo-Wilfried Tsonga on Sunday.
It's the fifth consecutive year Nishikori, Asia's highest ranked player, has made th.
1 príspevok • Strana 1 z 1
Kto je prítomný
Užívatelia prezerajúci toto fórum: Baidu [Spider], Google [Bot] a 1 neregistrovaný