Mon, Apr 22, 2013 - Page 8 News List

EDITORIAL: Government needs to spur growth

As the US and European economies remain fragile, the Ministry of Finance said it would be impossible to achieve the 4.7 percent annual growth rate for the first three months of the year that the Directorate-General of Budget, Accounting and Statistics had forecast.

At this pivotal time, the government needs to show strong leadership and to formulate effective measures to spur growth, rather than passing the responsibility on to corporations.

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