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FinMin to lower GDP projection in mid-year economic review

Finance Ministry is likely to lower economic growth projection for the current fiscal to 5.7-6 percent in its mid-term review of the state of economy to be tabled in Parliament next month.

PMEAC sticks to 8.2 % GDP projection despite US downgrade

The Prime Minister's Economic Advisory Council (PMEAC) today said it will stick to its 8.2 per cent GDP growth projection for 2011-12 despite the US downgrade and its fallout on the global economy.