FinMin hopeful of an investment revival
Updated Nov 12, 2021 05:01 am
- According to the Finance Ministry, further demand stimulation, fuller restoration of supply chains and greater employment generation are in the pipeline in the coming months. This is attributed to the COVID-19 vaccination drive making further headway and teeming festivities lending credence to the ongoing economic recovery.
- The ministry is also expecting an investment revival and exports to pick up on account of an industrial resurgence in advanced economies. This is on account of an industrial resurgence in advanced economies. The ministry added that there was an almost 20% jump in capital goods output in August, as revealed by the latest industrial production data, portends a surge in investment.
local_offerTags: Finance Ministry investment
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