Fiscal Shortfall To Widen Sharply In 2009

March 2009
Asia Monitor: China & North East Asia Monitor;Mar2009, Vol. 16 Issue 3, p2
Country Report
The article reports on the deficit of China's fiscal balance in 2009. According to the Business Monitor International (BMI), the country had a deficit on its fiscal budget because of the government spending to counter the ongoing economic crisis. It further states that the country's gross domestic product has dropped from 19.4% to 17.0%.


Related Articles

  • Balance Of Payments To Remain Secure, Despite Mounting Risks.  // Asia Monitor: China & North East Asia Monitor;Mar2009, Vol. 16 Issue 3, p4 

    The article reports on the economic outlook of China in 2009. The Business Monitor International (BMI) claims that the country's current account will suffer from the global economic crisis. It also says that China's gross domestic product dropped to 8.3% from the 9.5% in 2008. However, the...

  • BMI Research: Latin America Monitor: Caribbean Monitor: Another Recession In 2010.  // Latin America Monitor: Caribbean Monitor;Sep2010, Vol. 27 Issue 9, p6 

    The article presents an economic outlook for Jamaica as of 2010. It notes that the real gross domestic product (GDP) growth forecast in 2010 has been revised from 1 percent to -1.2 percent with a projected growth of 1.5 percent in 2011 in reference to the weaker domestic outlook for Jamaica due...

  • Asia puts the brakes on Australia and New Zealand. Portman, Christopher // Accountancy;Jul98, Vol. 122 Issue 1259, p54 

    The article reports that the Asian economic crisis has left its mark on neighboring Australia and New Zealand. It is forecasted that the two countries will experience slow but sustained growth in 1998. The gross domestic product of Australia accelerated from an annualized growth of 2.6 percent...

  • ECONOMY.  // Background Notes on Countries of the World: Russia;Oct2004, p8 

    Presents information on the economy of Russia. Result of the lower prices for Russia's major export earners and a loss of investor confidence due to the Asian financial crisis in 1998; Gross domestic product of Russia in 2003; Central and local government expenditures.

  • Growth To Slow.  // Asia Monitor: South East Asia Monitor Volume 2;Aug2008, Vol. 19 Issue 8, p1 

    The article reports on the downside risks in the economy of Indonesia inspite its gross domestic product (GDP) growth rate of 6.3% in the first quarter of 2008. The country's budget assumption for GDP growth in the year is revised down from 6.8% to 6.4% by the House of Representatives in light...

  • Over-Optimism in Official Budget Agencies' Forecasts. Brunel, Claire // NBER Digest;Nov2011, p1 

    The article highlights the arguments of Jeffrey Frankfel in "Over-Optimism in Forecasts by Official Budget Agencies and Its Implications" wherein he claims complacency resulted from overly optimistic official forecasts of future budget balances. Among his findings are average upward biases of...

  • Pakistan Equities: Watch The Budget.  // Emerging Markets Monitor;6/14/2004, Vol. 10 Issue 10, p7 

    Reports on the budget plans of Pakistan for fiscal year 2004 to 2005. Target for gross domestic product (GDP) growth; Reasons behind the reduction of the fiscal deficit of GDP; Forecast on GDP growth conducted by Business Monitor International Ltd.

  • Africa Monitor: North Africa.  // Africa Monitor: North Africa Monitor;Oct2013, Vol. 18 Issue 10, p1 

    The article focuses on political and economic condition of various countries of North Africa and presents forecast for the same. It forecasts that economy of Morocco can increase in the second half of 2013. It further mentions that gross domestic product (GDP) of Algeria can increase by 1.9...

  • A Strong But Not Stellar 2008 Fiscal Outlook.  // Emerging Europe Monitor: Central Europe & Baltic States;Mar2008, Vol. 15 Issue 3, p9 

    This article presents an economic outlook for Slovakia for 2008. A 2.4% of gross domestic product (GDP) deficit for 2008 is expected, but further improvement will be made more difficult by ongoing calls for higher government spending. The general macroeconomic situation continues to be very...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics