New Year Prospects for India's Economy The new fiscal year in India has begun, which means there are new goals for the country's economy. India's economic growth in 2012/13 was slow; at best it was 5.2-5.5 percent. Targeted growth in India's 12th Five-Year Plan (2012-17) is 8 percent. To reach that level, India must grow more than 9 percent for at least two to three years. The budget presented in February projected growth in 2013/14 to be 6.5 percent. To stay on track, growth in 2014/15 must be 7 percent or higher and growth in 2015/16-2016/17 must be close to 9 percent.One major problem for India at present is the current account deficit (CAD), which was high at 6.7 percent of GDP during the third quarter FY 2012/13. Some of the CAD has...
Key Takeaways: Brazil confirmed a Newcastle disease outbreak at a commercial turkey farm in Santa Catarina on 18 October, raising concerns about potential disruptions to poultry exports despite the outbreak being confined to a single facility thus far. Mexico and Malaysia have imposed nationwi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.