ECONOMIC forecasting, ECONOMIC development, JOB creation, PRIVATE sector, ECONOMIC history
Abstract
The article offers the economic outlook for Cameroon. The country's growth rate, according to the seventh issue of the "Cameroon Economic Update." could stand at roughly 4.6% in 2013 due to the boost received from industrial agriculture. The private sector is also said to be the driving force behind strong growth and job creation.
ECONOMIC forecasting, ECONOMIC development, JOB creation, ECONOMIC history
Abstract
The article reports that the Moroccan government had revised its growth forecast for 2012 to 4.2 percent on February 2, 2012, which is short of the target set by new Prime Minister Abdelilah Benkirane. It says that the plan aimed to keep inflation at around 2 percent while creating jobs to reduce unemployment to 8 percent. According to finance minister Nizar Baraka, the revised growth rate is the result of the slowdown among partner countries and the international economic situation.