JSCCIB maintains GDP growth forecast at 4.4-4.8%
The meeting of the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) on Tuesday maintained its forecast of gross-domestic-product growth this year in the range of 4.4 per cent to 4.8 per cent, and its prediction of export growth in the range of 8-10 per cent, it said in a press release.
However, it warned that the export sector next year could face difficulties, including possible impacts from the US-China trade war and indirect impacts from a possible slowdown of global trade and economic expansion.
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