Taiwan central bank says GDP may grow 6% this year By Reuters
© Reuters. FILE PHOTO: A police officer stands beside the Taiwanese Central Financial institution brand in Taipei, Taiwan February 26, 2018. REUTERS/Tyrone Siu
TAIPEI (Reuters) – Taiwan Central Financial institution Governor Yang Chin-long mentioned on Thursday that the financial system could develop 6% this 12 months although that is determined by commerce and home consumption progress.
Yang, taking lawmaker questions in parliament, mentioned whether or not to lift Taiwan’s benchmark rate of interest will want the consideration of the affect of tightening of financial insurance policies of superior international locations like the US on Taiwan, in addition to inflation and the COVID-19 pandemic.
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