Morocco's parliament voted on Wednesday
Morocco's parliament voted on Wednesdayin News 22.10.2018 03:26
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SKOPJE， Sept. 20 (Xinhua) -- The government of Macedonia adopted a draft budget for 2017 and sent it to Parliament for approval， Macedonian Minister of Finance Kiril Minoski told reporters Tuesday.
The budget was drafted based on forecasts for an economic growth of 3 percent of gross domestic product (GDP) next year in Macedonia.
Minoski said said economic activity in 2017 will be driven by exports， which are projected to grow by 6 percent while imports are projected to grow by 4.7 percent.
The draft budget for 2017 also sees record level of capital investments which are expected to grow by 20 percent compared to last year.
He stressed that gross investments are expected to achieve real growth of 4.5 percent， private consumption by 2.1， while public consumption by about 1.3 percent.
Minoski announced the government would increase pensions by 5 percent.
According to the budget， total income is planned at a level of 187.6 billion denars (3.4 billion U.S. dollars)， 7.6 percent more than in 2016， while total expenses are at 206.22 billion denars， or 4.5 percent more compared to current year. (1 U.S. dollar=55.89 MKD) Enditem
RABAT, April 27 (Xinhua) -- Morocco's new government is banking on a growth rate of the gross domestic product of 4.5 percent in 2017, following a 1.8 percent in 2016 Cheap North Carolina Tar Heels Jerseys , Minister of Finance and Economy Mohamed Boussaid said on Thursday.
This evolution would be due to the amelioration of the agricultural value added by 11.9 percent and the non agricultural one by 3.5 percent in 2017, Boussaid said while presenting the draft budget bill before the parliament.
The bill should have been approved by parliament last year, but it was not put for vote due to the six-month-long political deadlock.
He also said that the industrial sector would grow by 3.9 percent in 2017 Cheap Michigan Wolverines Jerseys , following a 3.5 percent growth in 2016.
Morocco's parliament voted on Wednesday in favor of the new cabinet and government program.
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