In 2009 the economic growth is expected to slow down to about 1%. There is a possibility of recession, although we are likely to avoid it. Interest rates may have to be reduced in early 2009 to stimulate the economy.
In 2009 the economic growth is expected to slow down to about 1%. There is a possibility of recession, although we are likely to avoid it. Interest rates may have to be reduced in early 2009 to stimulate the economy.