In the low scenario, the macro economy will face many difficulties and inflation will increase.
MPI’s draft project report to ensure macroeconomic stability, control inflation and secure large trade balances will be submitted to the government standing committee this month.
In the first six months this year, the price index of raw materials used for production increased by 6.04 per cent compared to the same period last year. Prices of many imported inputs also soared.
Petrol prices and input materials increased with the recovery of domestic consumption, which created inflationary pressure and high production costs, which in turn reduces production and slows down the recovery of production.
In the best scenario, major trade balances are guaranteed and economic growth this year will reach the set target. Growth next year will reach the average target in the 2021-2025 period at between 6.5-7 per cent, a news agency reported.
In the medium scenario, economic growth this year will reach the set target, and next year’s growth will only approach the average target in the 2021-2025 period.
In the low scenario, economic growth this year will reach the set target, and next year’s growth will be lower than the average target of the 2021-2025 period.
ALCHEMPro News Desk (DS)
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