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Government debt has remained on a low level, despite high deficits in a few recent years. Risks related to government debt remain low. Inflation has been picking up in 2017 and 2018. Contributing factors were the introduction of a value added tax (VAT) of 5% [243] in 2018 as well as higher commodity prices. Despite the government's expansionary ...
A major reason for the high cost of housing is the high cost of land. In urban areas, the price of land has been bid up because nearly all of it is owned by the Saudi elite (members of the royal family or other wealthy Saudis), who have lobbied the government for land "giveaways". [150] Landlords have seen prices rocket by 50% from 2011 to 2013 ...
China leads the world in terms of number of new fabs under construction, with 8 out of 19 worldwide in 2021, and 17 fabs in total are expected to start construction from 2021 to 2023. Total installed capacity of Chinese-owned chipmakers will also increase from 2.96 million wafers per month (wpm) in 2020 to 3.572 million wpm in 2021.
In 2018, there were 12,197 buildings in Flémalle, accounting for 22.5% of the territory being built. Among these buildings, there are apartments, townhouses, and Villas with a median price of 158,000 euros (235,000 for open-type villas, 158,000 for apartments, and 150,000 for closed or semi-closed type houses). [112]
South Korea achieved an average of 9.2 percent real growth between 1982 and 1987 and 12.5 percent between 1986 and 1988. The double-digit inflation of the 1970s was brought under control. Wholesale price inflation averaged 2.1 percent per year from 1980 through 1988; consumer prices increased by an average of 4.7 percent annually.
The economy of Italy is a highly developed social market economy. [30] It is the third-largest national economy in the European Union, the second-largest manufacturing industry in Europe (7th-largest in the world), [31] the 8th-largest economy in the world by nominal GDP, and the 11th-largest by PPP-adjusted GDP.
The government has devolved the financing and management of healthcare to local communities, through a system of health insurance providers called mutuelles de santé. [273] The mutuelles were piloted in 1999, and were made available nationwide by the mid-2000s, with the assistance of international development partners. [ 273 ]
In January 2019, Intel announced an investment of over $11 billion on a new Israeli chip plant, as told by the Israeli Finance Minister. [ 287 ] In November 2021, Intel recruited some of the employees of the Centaur Technology division from VIA Technologies , a deal worth $125 million, and effectively acquiring the talent and knowhow of their ...