Taiwan increases its economic growth forecast for 2024.

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  • Taiwan increases its economic growth forecast for 2024.

Taiwan’s economy is projected to grow by 4.27% in 2024, according to the Directorate General of Budget, Accounting, and Statistics, which raised its forecast from the previous estimate of 3.9%.

The country’s gross domestic product (GDP) grew by a revised 4.17% in the third quarter compared to the same period last year, up from the initial estimate of 3.97%.

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