Additionally, other composite charges in the tariff build-up of electricity have been reduced by the government.
The government will also aggressively pursue the national LPG promotion policy in order to streamline the sector.
Below are Other microeconomic achievements announced by the finance minister
MACROECONOMIC PERFORMANCE FOR 2017
- Overall real GDP (as of June) 7.8%
- Non-Oil real GDP (as of June) 4.0%
- End-period inflation (as of October) 11.6%
- Overall budget deficit on cash basis as percentage of GDP(Sept) 4.5%
- Primary balance (Sept) 0.3%
- Current account balance (August) (0.2%)
- Gross International Reserves (import cover)-Sept 3.9%
- End year expected deficit 6.3%
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