US
Says GDP growth will mostly be higher for Asia-Pacific countries
Anticipates higher economic growth at 3%, lower current account deficit at $4 billion in current fiscal year 2023-24
In terms of economic growth, there is hope 2024 will be much better than 2023
Projects inflation to remain in double digits, likely to settle at 'moderate level'
Export growth, import management lead to positive shift, FDI inflows increase by 7%
Report cites moderate economic confidence, high inflation as constraints
Funding will help establish e-working centres, spur economy
Focus on investment protection under FTA; agreement may be reached soon
Economies worldwide rely heavily on tax collections, which serve as a fundamental component to generate revenue
Quick fix of consumerism-led growth has not yielded sustainable results