Loan rates exceed 5 pct in Dec, spread at highest in almost 20 years
Unemployment steady at 11.6 pct in Dec, employed rise by almost 80,000 YoY
Manufacturing remains in contraction at start of 2023, but at slowest rate since Oct
Retail sales rise by 12.3 pct YoY in Nov, but volumes barely move
Close of 2022 sees softer labour market, with 60,235 fewer jobs
Growth in producer prices slows to 16.5 pct in Dec as energy rise moderates
Draft budget highlights taxpayer fatigue, creates policy mix doubts
The draft 2018 budget submitted to Parliament on Monday is the first formal confirmation by the Finance Ministry that revenues figures are starting to reveal signs of fatigue among taxpayers.
The ministry had to revise the revenue target for 2017 from the figure included in the Medium Term Fiscal Strategy (MTFS), which was only submitted in mid-May.
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