Published by
 Government Macroeconomic Assumptions
 As of 21 November 2002
 
2002
2003
 
Original
Revised
Emerging
Original
Revised
GNP growth rate (%)
4.5-5.0
4.5-5.0
4.5
5.1-5.7
4.5-5.8
GDP growth rate (%)
4.0-4.5
4.0-4.5
4.0
5.0-5.5
4.2-5.2
   Agriculture growth rate (%)
2.7-3.6
2.7-3.6
2.7
3.0-3.9
n.a.
   Industry growth rate (%)
3.3-3.7
3.3-3.7
3.3
5.3-5.8
n.a.
   Services growth rate (%)
5.0-5.4
5.0-5.4
5.0
5.5-6.0
n.a.
Unemployment rate (%)
10.0-10.5
10.0-10.5
10.0-10.5
8.8-9.6
8.8-9.6
Inflation rate (%)
5.0-6.0
4.5-5.5
3.2
4.0-5.0
4.5-5.5
91-day T-bill rate (%)
10.0-11.0
7.0-8.0
5.5
8.0-9.0
8.0-9.0
Forex rate (P/US$)
51.50-52.50
50.00-51.00
51.50
51.00-52.00
52.00-54.00
Exports growth rate (%)
0.0
4.0
7.8
10.0
5.0-8.0
Imports growth rate (%)
3.0
6.0
7.0
11.0
6.0-9.0
Gross International Reserves
(US$ billion)
15.1
14.8
14.8
16.2
16.2
Fiscal Deficit (% of GDP)
4.0
3.3
5.6
3.3
4.7
Sources: Department of Budget and Management; National Economic and Development Authority
n.a. not available
Government Macroeconomic Assumptions


 

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