Official remains optimistic about growth amid COVID-19 pandemic
Radio Taiwan International
Date: 18 March, 2020
By: Jake Chen
Statistic Office Director Chu Tzer-ming. (CNA Photo)
The head of the government statistics office says that Taiwan’s economy could grow by at least 2% by the end of the year. That’s despite the impact that the COVID-19 pandemic is having on Taiwan’s economy—and despite suggestions to the contrary from one analysis firm.
In a new report, UK-based firm HIS MARKET has lowered its projection of Taiwan’s annual economic growth to 1.1%. By contrast, the government’s projection currently stands at 2.72% growth. [FULL STORY]