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COPENHAGEN Hydro Flask 10 Oz Wine Tumbler Lava , Sept. 23 (Xinhua) -- Denmark's central bank lowered the country's economic growth expectations for 2014 and 2015 on Tuesday.
Growth in gross domestic product (GDP) is expected at 0.8 percent in 2014, which represent a reduction from the previously forecast of 1.5 percent.
Moreover, GDP growth is revised down from 1.8 percent to 1.7 percent in 2015, Danmarks Nationalbank said in its review of the Danish economy's third-quarter performance.
Meanwhile Hydro Flask Water Bottle 40 Oz Wide Mouth Black , the GDP growth projection for 2016 is maintained at 2 percent.
"Danmarks Nationalbank expects the tentative upswing seen since 2013 to strengthen and gradually to become more self-sustaining," said central bank governor Lars Rohde in a statement released in connection with the third-quarter review.
According to the 2015 budget proposal, the Danish government budget deficit is likely to be close to the limits in the EU Stability and Growth Pact and the Budget Act.
"This leaves no scope for negative surprises," said Rohde Hydro Flask 40 Oz Ombre Wide Mouth Water Bottle With Flat Cap Pink Red , adding that "At the current point in the business cycle and with the current capacity situation in the labour market, it would be desirable to have a margin to the limits for budget deficits."
The government's growth forecast for 2014 is 1.4 percent, but it has already announced that the estimated growth is also likely to be downgraded.
NAIROBI, Oct. 2 (Xinhua) -- The International Monetary Fund (IMF) on Thursday lauded Kenya's economic outlook which it said was favorable Hydro Flask Ombre 32 Oz Wide Mouth With Flat Cap Red White , but said the country remains vulnerable to external shocks.
A statement from the IMF's board of directors issued following the review mission in July commended Kenyan authorities for maintaining macroeconomic stability, introducing important market- friendly reforms and the successful debut Eurobond issuance.
"To mitigate downside risks, directors encouraged stronger policy buffers and further structural reforms, including strengthening the business climate and improving security conditions Hydro Flask Ombre 32 Oz Wide Mouth With Flat Cap Pink Red ," the statement said.
The IMF noted that the fixing security and enhancing business climate would help to consolidate the gains to date, contribute to poverty reduction, and promote more inclusive growth.
The IMF team, led by the assistant director of the IMF's African department Mauro Mecagni visited Kenya in July to assess the country's economic development and discuss the next round of financing from the institution.
The team held talks with officials from the National Treasury Hydro Flask Ombre 32 Oz Wide Mouth With Flat Cap Blue Fruit Green , the Central Bank of Kenya and parliament, among others, to conduct the Kenya 2014 Article IV Consultation which provides an opportunity to review recent economic developments in the country.
The IMF board called for continued commitment to fiscal discipline in the wake of challenges emerging from the ongoing process of devolution of government responsibilities.
"This process should lead to better delivery of services to help alleviate poverty and inequality across counties," the statement said.
Kenya's economy expanded to 55.2 billion U.S. dollars which is about a quarter larger than earlier estimated Hydro Flask Water Bottle 40 OZ Wide Mouth W With Straw Lid Violet , after the east African nation re-based its national accounts.
Latest statistics released on Tuesday show the country's annual output of goods and services is about 25 percent greater than previously thought.
The revised gross domestic product (GDP) per capita for 2013 stood at 1,269 dollars compared to the previous estimate of 994 dollars.
The IMF also agreed that a prudent fiscal stance, consistent with Kenya's medium-term debt target, will create space for much needed infrastructure investment and priority social spending.
The East African nation's economy has continued to expand in a stable economic environment. Credit to the manufacturing sector has picked up and foreign investor interest is growing Hydro Flask Ombre 32 Oz Wide Mouth W Straw Lid-Black White , notably in the extractive industries.
The economy's growth rate rose to 5 percent in 201314 and is expected to gain further momentum in 201415, driven by higher domestic and external investment.
According to IMF, inflation remains moderate, but rising food prices and rapid credit growth may fuel inflation expectations.
According to the Central Bank of Kenya Hydro Flask Water Bottle 18 Oz Wide Mouth Mint , international reserves reached some four and a half months of prospective import coverage in June following a successful first-time Eurobond issue of 2 billion U.S. dollars.
"In view of the rise in headline inflation in recent months, directors encouraged the authorities to monitor the accelerated pace of credit growth, and to stand ready to tighten monetary conditions to anchor inflationary expectations," IMF said.
The board also recommended strengthening prudential oversight to prevent deterioration in the quality of banks' loan portfolios. Continued efforts to modernize the monetary framework should also help lay the foundation for inflation targeting.
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Photo taken on Sept. 24， 2016 shows the 500-meter Aperture Spherical Telescope (FAST) in Pingtang County， southwest China's Guizhou Province. The FAST， world's largest radio telescope， measuring 500 meters in diameter， was completed and put into use on Sunday. (XinhuaOu Dongqu)
GUIYANG， Sept. 25 (Xinhua) -- The world's largest radio telescope was put into use on Sunday in a mountainous region of southwest China's Guizhou Province.
Shortly after noon， in a karst valley in Pingtang County， hundreds of astronomers and astronomy enthusiasts witnessed the official launch of the Five-hundred-meter Aperture Spherical Telescope's (FAST) mission to explore space and hunt for extraterrestrial life.
Work on the nearly 1.2 billion-yuan (180 million U.S. dollars) project started in 2011， 17 years after it was proposed by Chinese astronomers.
The installation of the telescope's main structure -- a 4，450-panel reflector as large as 30 football pitches -- was finished. Wholesale Jerseys From China Wholesale Jerseys China Cheap Jerseys China Wholesale Cheap Authentic Jerseys Wholesale Soccer Jerseys China Wholesale Hockey Jerseys From China Wholesale Football Jerseys China Wholesale College Baseball Jerseys Cheap Jerseys Cheap MLB Baseball Jerseys |
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