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(A high-tech Valley company that won't reach GDP growth rates for three years … really?) Further, after stating how important smartphones are to HP … "My view is we have to ultimately offer a smartphone because in many countries of the world, that is your first computing device".
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The country reached a GDP growth rate of 11.3% for the first half of 2013.
Our current forecast is for the budget deficit to reach 2.5% of GDP in 2009 as a whole, widening further to 4.2% of GDP in 2010.
The budget deficit is expected to reach 15% of GDP.
It is forecast to reach 11.4% of GDP by 2050.
This year's current-account surplus could reach 9% of GDP.
At this stage, the government expects the 2009 deficit to reach 6% of GDP.
The public debt could reach 105% of GDP, second only to Italy's among euro countries.
Brazil's deficit is expected to reach 4.4% of GDP this year, rather than 2.8%.
The budget deficit is expected to reach 8% of GDP in 2009.
Unless policies are changed, total government debt will reach 100% of GDP by 2023.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com