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TAIWAN'S ECONOMIC GROWTH RATE TO EXCEED ORIGINAL TARGET.

AsiaPulse News

| September 02, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TAIPEI, Sept 2 Asia Pulse - With the global economy gradually recovering, government economic agencies and major domestic economic research institutes have generally predicted that Taiwan's economic growth rate will exceed the Cabinet's original target of 2.7 per cent for this year.

Meanwhile, earlier this week, the Cabinet-level Directorate General of Budget, Accounting and Statistics adjusted its 2002 growth forecast upward to 3.14 per cent from its original forecast of 2.55 per cent.

In mid-July, the Institute of Economics of Academia Sinica, Taiwan's top research body, raised its growth forecast to 3.24 ...

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