Inflation in South Korea 2nd highest in region: IMF
The International Monetary Fund said inflation would hit 4% this year, second behind only New Zealand, in partly due to the war in Ukraine.
The International Monetary Fund said inflation would hit 4% this year, second behind only New Zealand, in partly due to the war in Ukraine.
President Joko Widodo said in a video statement that the ban would last for an “unspecified time” but be continuously evaluated.
A major factor was the restrictions imposed by the international community on Cambodia’s textile and agriculture sectors.
A Foreign Trade Director General had allegedly issued export permits illegally for palm oil producers leading to a scarcity of cooking oil.
He also said the government would ensure fiscal discipline to restore the programme, with no extra burden would be put on the people.
At present, the total trade volume between Hong Kong and RCEP economies accounts for 60% of the total volume external trade.
Nearly all major economic sectors saw an increase in both the unemployment rate (not seasonally adjusted) and underemployment rate.
The latest handout, amounting to ¥100,000 (US$780) will cover households that were newly exempted from resident tax from fiscal 2022.
While some say that Hong Nam-ki has uplifted the economy, critics argue he has taken the lead in reckless use of taxpayers’ money despite mounting government debt.
Jakarta, like many cities across Indonesia, has seen price hikes in a raft of staple foods this year due to various external factors.