2023-09-15 00:59:21
Hibapress
The growth prospects of the national economy in the short and medium term remain favorable despite a context of strong tensions on supply chains and uncertainties on commodity markets, according to the budget execution report and three-year macroeconomic framework 2024-2026.
The stabilization of growth observed from 2022 should continue through 2026, thus allowing the national economy to get closer to its long-term trend, specifies the report published by the Ministry of the Economy and Finance. , noting that growth in gross domestic product (GDP) would be around 3.8% on average annually between 2024 and 2026.
The contribution of domestic final consumption to GDP growth would be 1.7 points in 2024, 2 points in 2025 and 2.2 points in 2026 while the contribution of gross fixed capital formation should be 1.1 point in 2024, 0.7 points in 2025 and 1.3 points in 2026, estimates the report.
As for foreign trade, its contribution to growth should be negative, standing at -0.5 points in 2024, -0.7 points in 2025 and -1.2 points in 2026.
Furthermore, the various current operations with the rest of the world should result in a deficit in the current account of the balance of payments of 3.2% of GDP in 2024 and 2025, and 3.3% in 2026.
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