ADB increased inflation forecast 2008 on Azerbaijan up to 16%
Tuesday, September 16, 2008
ABC.AZ (Azerbaijan)
Baku, Fineko/abc.az. According to the renewed report Asian Development Outlook (ADO) for 2008, Asian Development Bank expects leadership of the Central Asia region on consumer inflation rate.
The Bank informs that inflation forecast for 2008 on the region of ADB operations was increased from 5.1% up to 7.8% and for 2009 from 4.6% up to 6% versus 4.3% in 2007. Inflation forecast on the Central Asia region (including Azerbaijan) was raised from 14.4% up to 15.4% for 2008 and from 10.2% up to 11.4% for 2009 versus 11.6% in 2007.
“In Azerbaijan, where following last year inflation made 16.7%, its forecast for this year was increased from 13% up to 16% and for 2009 wa kept at the level of 12%,” the Bank informed.
Under the renewed report, in 2008/9 the inflation leaders in the ADB region will be Vietnam (25% in 2008 and 17.5% in 2009), Sri Lanka (24% and 18% respectively), Kazakhstan (17.4% and 10.7%), and Tajikistan (18.5% and 10.5%).
Inflation forecasts for 2008 on Mongolia was increased from 10.5 up to 25%, on Afghanistan from 10.2% up to 24%, Cambodia from 5.5% up to 25%, on Marshall Islands from 3.4% up to 22.8%.
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11 comments:
Wow lot of good news.
Predicated on these bad news, is the Cambodian government prepared to open stock market?
This government must be out of its mind to have thought of the possibility.
What about get your act together first. I don't have to tell you what kind of acts you need work on.
Now, get to work, so you can get this corruption-torn country back to work and gain the trust of people again -- we'll never forget what you've done to the country.
Also, remember, when the country collapsed, we'll kill you anyway.
Wow inflation so high? And gasoline price and other commodities on the market? One problem has led to more complicated problems. More concessions to elites of the party and serve party and clans interests? What else do you expect from the gov.t? Can the gov.t take efficient actions to bring the price of goods down?
How? Blame the global market?
See when the leaders are all about self interests and of course sooner or later when people cannot bear the miseries and hardships anymore, they are proned to rovolt. LOOK LIKE IT'S THE BEST SOLUTION FOR ALL CAMBODIAN.
now all of you figure out the solutions or just treat everyone as your enermies? more and more enermies?? Can you afford the cost of being an enermy like US? That's called deplomacy folks. You don't just bark at everyone against you as your enermy: See what are advantages for the country when like King Sihanouk befriedn with China or North Korea? You name the advantages for this poor Cambodia: I dare say Genocide regime, massacre of the innocent people. How many more killing fields do you want? I doubt you wrote the comments against the US cos the interests of Khmers are, somehow, not in your interests, but to creates more tension and put the existence of Cambodia at stake.
That's what you intend to achieve?
The enormity and complexity of the inflationary situation in Cambodia is qualified to have these unCambodian leaders killed for their complicity whereby the rich gets richer and the rest of us suffer. Moreover, the Cambodian Prime Minister Hun Sen and his lapdogs should not be allowed to continue to prevaricate to the international community and their people that the situation in Cambodia is normal when it is not. ENOUGH IS ENOUGH!
Keep your friends closer, but your enemies closer.
Man I like the work hun sen and his lapdogs! That deserves to have intellectual rights property reserved! Agreed dude?
No real soldiers, commanders all over the karoke palors ...and when the last time they did military exercise? not to mention roads are in terribly poor conditions..very few soldiers along the border...sometimes don't really realize whether the temples exist!
That's khmer military's management under hun sen's rule? Concentration all around the lucrative $$$$dollar zones, say the development MY ASS!
25% is still a lot better than 50%.
Ohm...
50% is stil better than 100% and on and on....until people eat grass.
Don't worry Cambodian people are having very good survival skills and excellent resilent in nature. They can live without food for month after month for example-they were able to survive through very tough time in Khmer Rouge.
Look folks!!!! Cambodian soldiers can protect Preah Vihear with bear foot or flip flop(sandal), and eating WAI WAI dry instant noodle and fish or/and soy sauce(interestingly, Those things were made in Thailand. We hate Thai but we love Thai foods).
Cambodian can go out to catch some crabs, snails,fishes, and hunt for wild birds/animals. Nothing can stand until the last bird/fish and tree grow in Brooklin are gone. OOP!! sorry, I meant the last tree grows in Phnom Penh are gone.
wHY bROOKLYN 11:05pm?
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