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Due to being such a dynamic and high-growth industry, budgeting and forecasting is a challenging process. The webinar focuses on the difficulties that high-growth biotech companies face in the planning and forecasting process. ” In addition to being labor-intensive, Tantoco emphasized that their former system was prone to errors.
He adds that the bank has been acting on its forecasts more than on data, anticipating the trend. “In Capital Economics forecasts that the Dominican Republic’s GDP will expand at 4% in 2024, up from 2.3% The IMF forecasts 2024 GDP growth at 4.3% It is expected to perform similarly in 2024, when the forecast is 3.6%.
So far, however, those forecasts have proven incorrect. The pharmaceutical industry stands out as a success story. The IMF praised Spain’s financialsystem and the stability of its banks. Accounting for some 1.5%
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