Taiwan cuts 2024 GDP growth forecast to 3.90%

Roymond
By Roymond
0 Min Read

TAIPEI (Reuters) – Taiwan’s economy is expected to expand by 3.90% in 2024, the Directorate General of Budget, Accounting and Statistics said on Friday, slightly downgrading its outlook from a previous estimate of 3.94%.

Gross domestic product expanded by a revised 5.06% in the second quarter from a year earlier, compared with a preliminary 5.09%, it said.

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