LIMA Frank Thomas White Sox Jersey , May 7 (Xinhua) -- Peru plans to tout investment opportunities in infrastructure and public services during a three-country tour in Asia, Peruvian investment promotion agency ProInversion announced on Thursday.
Peru's 2015 Asia Road Show kicks off on May 11 in China's Beijing, then travels to Tokyo, Japan for a May 13 presentation, and wraps up in Seoul Early Wynn White Sox Jersey , South Korea on May 14, the agency said in a statement.
The show will mount expositions in each city and hold meetings with potential investors interested in public-private sector partnerships opportunities in Peru, the agency said.
"Companies in these markets have the technical and financial capacity, and the experience needed," ProInversion said.
China Derek Holland White Sox Jersey , Japan and South Korea are Asia's main economies, in terms of gross domestic product, and Peru is already associated with them through the Asia-Pacific Economic Cooperation Forum (APEC), as well as through free trade agreements, the agency said.
For Peru Carlton Fisk White Sox Jersey , it is important to carry out "promotion in these three countries, providing entrepreneurs with the information that will allow them to decide whether to participate," the agency said.
by Justice Lee Adoboe
ACCRA, May 20 (Xinhua) -- The government of Ghana expressed great optimism here on Wednesday about the prospects of the recovery of the country's economy.
Minister of Finance Seth Terkper said the economy was set to recover at a quicker pace than many had projected.
The minister made this projection during a forum that saw captains of industry, commerce Carlos Rodon White Sox Jersey , policy makers, technocrats and ordinary citizens attending.
Ghana's economic growth, which peaked at around 15 percent in 2011, declined to about 4.4 percent in 2014.
However, Terkper was optimistic that the economy would soon return to the winning ways and experience the 8 percent growth and above based on the analysis of some indicators.
But for this to see reality Bobby Jenks White Sox Jersey , the minister said discipline was required, adding that discipline was non-negotiable in the scheme of things in the economy.
"We either discipline ourselves or dissipate the opportunities that will arise when the economy shows any gain," he stressed.
Some of the indicators that made the minister upbeat were the debt sustainability in the face of current global challenges.
According to him, over the last few weeks, over 3 billion Ghana Cedis (811 million U.S. dollars) of the country's total debt had been cleared.
The payment of the debt will significantly reduce the pressure on government in the servicing of other existing loans and financial agreements Bo Jackson White Sox Jersey , said the minister.
Fiscal slippage for three continuous years has forced the government to enter into a three-year program with the International Monetary Fund (IMF) to resuscitate the lowering embers of growth and fiscal discipline in budget implementation.
Wage bill to Gross Domestic Product (GDP) ratio, which stood at 8.9 percent in 2012, came down steadily to 8.3 percent at the end of last year.
"It is expected that this will further decline to 7.7 percent in 2015," Terkper projected, as wage bill arrears cleared as a ratio to tax revenue has declined from 68.2 percent in 2012 to 52. 1 percent in 2014 as government projects to bring it down further to 46.1 percent at the end of this year.
However Bill Melton White Sox Jersey , in spite of these achievements, the minister conceded that progress in reducing fiscal deficit had been slow, partly due to the two-year long shortage in gas supply from the West African Gas Pipeline to power part of Ghana's energy plants.
Terkper said commodity price shocks, namely the decline in gold and cocoa prices, which affected government revenue Avisail Garcia White Sox Jersey , as well as the current projected shortfall in oil prices were some of the causes of the fiscal challenges.
"Given government's commitment to fiscal consolidation, the 2015 budget outlines additional measures and reforms which form a significant part of the measures in the program with the IMF.
"These measures in addition to earlier ones are expected to result in a significant reduction in fiscal deficit to ensure debt sustainability and macroeconomic stability," the minister added.
In a quick intervention, Governor of the Bank of Ghana, Henry Kofi Wampah Yoan Moncada Jersey , reiterated the commitment of the central bank not to finance government's fiscal deficit beyond 5.0 percent of the previous year's budgeted revenue.
BEIJING, June 24 (Xinhua) -- 70 days ago, he bidded farewell to his basketball career. Now, Chinese fans had another chance to cherish his career's prime time with him, including the 2008 Olympic final against Spain and 2010 NBA Finals against the Celtics.
A special event, themed "Love Last Forver", was held in the Wukesong Arena here on Friday. Around 1,000 Chinese fans were fortunate to pay tribute to their beloved Kobe Bryant, an NBA icon almost for the past two decades.
Bryant finished a four-point play to seal the win for the Dream Team in Beijing Olympic Games' final against Spain and get back the gold medal that they missed in Athens.
A little surprisingly, this moment just ranked third in a pool among Chinese netizens, shy of his 81-point performance against the Raptors and 2010 Finals victory over the Celtics.
"That was so hard. That was the most enjoyable because it was extremely difficult to beat them," commented Bryant on the seven-game series against their arch-rival six years ago.
"The first time I arrived here in 1998, I immediately saw your passion and electricity for basketball. Your eyes were a mirror image, reflecting back the same commitment to hard work, dedication and determination that were in mine. There was an immediate connection and it's drawn me back to you ever since," Bryant read a letter to his Chinese fans.