However, we do need to reverse the downward trend in the ratio of gross fixed capital formation to gross domestic product (GDP), which had declined to 18.7% in 2017, down from a peak of 23.5% in 2008. This is some way off the 25% target set in the National Development Plan.
Rest assured that your organization will continue to have the support of the BSP in your activities that help achieve the “responsible and thorough” coverage of economic events. In the days leading up to the celebration of the Chinese New Year yesterday, we have been reading and hearing many and varied predictions concerning the Year of the Sheep or the Goat or the Ram.