budget deficit target of 3 per cent of gross domestic product for 2017, the country’s finance ministry said in its work plan unveiled at the annual meeting of parliament today, in line with the target set a year earlier.BEIJING, March 5 — China set a
It set a fiscal deficit target for the year of 2.38 trillion yuan (RM1.5 trillion).
Last year, Beijing set a 2016 budget deficit target of 3 percent of GDP. Sources told Reuters in January that policymakers had in December set a 3 per cent deficit target for 2017. — Reuters
Source: The Malay Mail Online