7.5% target overly ambitious: Broker

Monday, 23 September 2013 01:13 -     - {{hitsCtrl.values.hits}}

First Capital Equities said the target of 7.5% growth in 2013 was overly ambitious though a moderate 7% would be still among the strongest performance in the world. “The 2Q2013 performance is indeed encouraging, however having grown by 6.0% in 1Q2013, we believe that the Government’s expectation of achieving a 2013 full year GDP growth rate of 7.5% may be overly ambitious and expect annual GDP growth to moderate at the 7.0% levels. This in any case may still be amongst the strongest GDP growth rates in the world,” First Capital Equities said.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.

COMMENTS

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.