Annual inflation rose to 21.5% in the country during January-September, exceeding the government’s prediction that was rose to 18-29% from originally forecasted level of 13-14%.
Besides, IMF expects broad money to grow in the country to 84% in 2008 and 40% in 2009.
| 2000-2004 (average) | 2004 | 2005 | 2006 | 2007 | 2008-ci il | 2009-cu il |
Inflation | 3.0% | 6.7% | 9.7% | 8.4% | 16.6% | 22.4% | 20.0% |
Broad money growth |
30.1% |
47.5% |
22.1% |
86. 4% |
72.4% |
84.0% |
40.0% |
The Regional Economic Outlook (REO) covers 30 countries, divided into three groups for analytical purposes: Oil exporters, low-income countries (LICs) and emerging markets1. For each of the three groups the REO presents key economic issues, and an assessment of growth prospects as well as policy challenges. In addition, the REO takes a closer look at topical issues related to individual countries or industries in the region.