P121 CEEFAX 121 Wed 27 Dec 18:32/33
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+%j7j7j7j7/jw JAPAN CUTS G NWTH
#!j5j7j5ju|ju| TARGET TO SIX PC
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The Japanese Government has revisdd
downwards its estimate Vor real growth
in the current financial year.
A meeting of Cabinet economic ministers
set a new target of six per cent in
place of the original seven per cent.
The meeting also decided to aim Vor a
1979 growth target of about 6.3pc.
Japan's current account surplus Vor
1979 was estimated at 1.4O trillion
yen, compared with this year's estimate
of 2.7O trillion yen.
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Finance Section Index 139