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#1 2018-06-28 02:05:25

Registered: 2018-01-06
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KINGSTON Nike Vapormax Flyknit Moc Sale , June 16 (Xinhua) -- Jamaica's reform commitment has been strong and on track, the International Monetary Fund (IMF) said after completing the eighth review of the country's economic performance on Tuesday.

In May 2013, Jamaica adopted an Extended Fund Facility, an IMF program under which some 932 million U.S. dollars were expected to be injected into the debt-ridden economy in a four-year term.

Half way into the program, the IMF said Jamaica has met all performance criteria except the central government primary balance criterion, which was narrowly missed.

This means the Caribbean island is eligible for another round of disbursement worth 39.8 million dollars from the IMF.

The IMF projected that Jamaica would witness a 2-percent economic growth in the 2015-16 fiscal year as a result of lower oil import costs Nike Vapormax Shoes Sale , improved business climate and strengthened business confidence.

Lower oil prices have improved the current account and, combined with prudent monetary policy, reduced the country's inflation to its lowest point in nearly 50 years, the IMF said.

The multilateral agency, however, said the actual economic growth and job creation rely on proactive implementation of growth strategies Nike Vapormax Flyknit Sale , including lowering electricity costs, supporting small- and medium-sized enterprises, and reforming the financial sector.

The IMF said further reform to bolster tax compliance and constrain the growth of current spending is essential to Jamaica's fiscal sustainability, which calls for improvements in revenue administration and a reduction of public sector bills.

(Source: Xinhua)

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PARIS, Oct. 25 (Xinhua) -- Men's Singles Olympic champion Chen Long of China secured his place in round of 16 after beating Mark Caljouw of the Netherlands 21-12, 21-17 at the BWF World Superseries French Open on Wednesday.

Chen came back to the tournament for the first time since 2011.

"Always a bit difficult in the first match. The opponent didn't get into the match quite well at the start, but he performed better in the second game, from the start until a 17-all," commented Chen.

After suffering a disappointing first-round exit last week at the Denmark Open Cheap Nike Air Vapormax Flyknit Utility , Chen expected better performance in the French capital in this week.

"I hoped to perform better this time, because I didn't come here to play for several years," Chen said.

"Every time when you lost a match, it's quite important for you to learn something from it," he added.

However, things were not working well for South Korean Son Wan Ho Cheap Nike Air Vapormax Flyknit SE , as the second seed fell short at 21-16, 21-19 against Hans-Kristian Solberg Vittinghus of Denmark.

China’s top economic planner has punished four heating companies for violating pricing rules as it urged local governments to protect public rights amid rising demand in winter.

The National Development and Reform Commission found the heating companies in Heilongjiang, Zhejiang, Sichuan and Shandong provinces breached pricing rules in an investigation which started on December 19, the NDRC said yesterday.

The Heilongjiang company had imposed additional charges of 361,200 yuan (US$55 Cheap Nike Air Vapormax Flyknit Moc 2 ,205) on users when they joined the heating network, while the firms in the other three provinces had arbitrarily demanded higher heating prices and made a profit of over 718,100 yuan.

All the firms have been asked to pay back the illegal income to the users or to hand in it to the local governments. The Heilongjiang firm was also fined 541,900 yuan.

China aims to ensure public rights by monitoring heating prices and supplies, and ordering local governments to beef up investigation into pricing violations.

China’s heating demand has been surging during winter, “especially raising the natural gas prices” after the government asked users to switch from coal to gas Cheap Nike Air Vapormax Flyknit Moc , the commission said.

The NDRC has also started an antitrust investigation on December 20 in 17 natural gas heating companies.

BEIJING, Dec. 26 (Xinhua) -- China's top discipline inspection agency pledged Tuesday that it would step up efforts against hedonism and extravagance during the upcoming New Year and Spring Festival holidays.

To fully implement frugality rules, discipline inspection departments will focus on public institutions at lower levels, such as state-owned enterprises and financial institutions, as well as county and township governments, said a guideline issued by the Central Commission for Discipline Inspection (CCDI) of the Communist Party of China (CPC).

Inspectors will expose violations that take more subtle forms Cheap Nike Air Vapormax Shoes , the document said, noting that some government departments and state enterprises host expensive dinners at their own canteens to escape supervision.

Another priority is to punish those who use government-owned cars or office space for personal use.

The CCDI also warned officials against taking festival celebrations as an excuse to lobby their superiors for promotions.

The public is encouraged to tip off authorities about officials who violate the rules, the CCDI said.

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2018-06-28 02:05:25



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