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Cathay Financial raises forecast GDP EXPECTATIONS: An analyst said that the situation would be favorable for global trade flows, allowing exports and imports to expand 4.33 and 4.4 percent By Crystal Hsu / Staff reporter Cathay Financial Holding Co (國泰金控) yesterday raised its forecast for Taiwan’s GDP growth to 2.4 percent this year and 3.2 percent next year, saying that the economy at home is improving, as is the global situation, although more time is needed for the nation to reach pre-COVID-19 pandemic levels. Cathay Financial’s previous projections were 1.7 percent for this year and 2.9 percent for next year. Despite the expected improvement, Cathay Financial the nation’s largest financial institution by market value agreed with international research bodies that the global economy needs more time to recover to pre-pandemic levels, citing economic reports for this and next year.

T ai peiAllen wuHsu chih chiangNational central universityCathay financial holding coTaipei timesCathay financialCrystal hsuCentral universityAcademia sinicaTriple stimulus voucherடி ஐ பேய்ஆலன் வுஶூ சிஹ் சியாங்தேசிய மைய பல்கலைக்கழகம்கேத்தே நிதி வைத்திருத்தல் இணை