Page 8 - Digi - Notes -Ga - 04-04-2016
P. 8
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1st April
Aung San Suu Kyi appointed as Myanmar's foreign minister
Chairperson of Myanmar's ruling National League for Democracy (NLD), Aung San Suu Kyi was
appointed on Wednesday as the country's new minister of foreign affairs.
Suu Kyi will concurrently hold three other portfolios in the new government led by President-
elect U Htin Kyaw
Approved by the Union Parliament, the three other ministries to be headed by Aung San Suu Kyi
are the Ministry of President Office, Ministry of Education and Ministry of Electricity and Energy.
ADB cuts India’s growth forecast to 7.4 % for 16-17
The Asian Development Bank’s (ADB) growth forecast of 7.4 per cent for 2016-17 is substantially
lower than its earlier projection of 7.8 per cent.
ADB’s flagship publication Asian Development Outlook (ADO) also projected rise in consumer
inflation, mainly on account of the impact of salary hike of government employees and a likely
mild pick up in global oil prices.
ADB projects India’s gross domestic product (GDP) to grow 7.4 per cent in FY 2016, slightly below
the FY 2015 estimate of 7.6 per cent. In FY 2017 growth is forecast to reach 7.8 per cent
1st April
Aung San Suu Kyi appointed as Myanmar's foreign minister
Chairperson of Myanmar's ruling National League for Democracy (NLD), Aung San Suu Kyi was
appointed on Wednesday as the country's new minister of foreign affairs.
Suu Kyi will concurrently hold three other portfolios in the new government led by President-
elect U Htin Kyaw
Approved by the Union Parliament, the three other ministries to be headed by Aung San Suu Kyi
are the Ministry of President Office, Ministry of Education and Ministry of Electricity and Energy.
ADB cuts India’s growth forecast to 7.4 % for 16-17
The Asian Development Bank’s (ADB) growth forecast of 7.4 per cent for 2016-17 is substantially
lower than its earlier projection of 7.8 per cent.
ADB’s flagship publication Asian Development Outlook (ADO) also projected rise in consumer
inflation, mainly on account of the impact of salary hike of government employees and a likely
mild pick up in global oil prices.
ADB projects India’s gross domestic product (GDP) to grow 7.4 per cent in FY 2016, slightly below
the FY 2015 estimate of 7.6 per cent. In FY 2017 growth is forecast to reach 7.8 per cent
