The nation's economic growth rate and unemployment rate for next year have been forecast at 5 percent and 4 percent, respectively, by the Council for Economic Planning and Development (CEPD).
The council forecast that per-capita income will reach US$14,900 next year, while the consumer price index (CPI) and its core CPI will increase no more than 2 percent and 1.5 percent, respectively.
In addition, the council also estimated that the country will post an average economic growth rate of 4.9 percent and an unemployment rate of 4 percent, respectively, for the period from next year through 2008, when per-capita income is expected to hit US$17,700.
Council Vice Chairman Thomas Yeh (
Dealing effectively with issues like unemployment, resource consumption, natural disaster and epidemic control, pollution, cross-strait competition and relations, and high oil prices, are key to the nation's economic growth, Yeh said.