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3.
3 -
The spokesman said on the offences of attempt to commit an offence, the bill provided that "attempt" be defined as an act which was more than merely preparatory to the commission of an offence and that the mental element required to constitute the offence of attempt to commit an offence should include recklessness where recklessness suffices for the substantive offence.
The bill also sought to codify the offence of incitement by providing for a definition of the offence and removal of the defence of impossibility as with conspiracy and attempt.
It also proposed to retain the offence of incitement to conspire as recommended. by the LRC because of its importance in the context of triad crime, which relates to long term conspiracies such as those involving gambling, prostitution and drugs, the spokesman said.
End/Friday, November 24, 1995
Third Quarter Economic Report published
In the November update of the economic forecasts for 1995, the gross domestic product (GDP) is forecast to grow by around 5% in real terms this year, unchanged from the GDP forecast in the August update, and in line with the projected trend GDP growth rate at 5% per annum over the medium term.
Underlying this overall forecast is continued robust growth in re-exports, a further pick-up in growth of exports of services and of expenditure on machinery and equipment, and intensive activity on infrastructural construction, but accompanied by continued slack in consumer spending and in private sector building activity, and some deceleration in growth of domestic exports.
On inflation, the forecast rate of increase in the Consumer Price Index (A) for 1995 is kept unchanged at 9.0%, having regard to the actual outturn also of 9.0% in the first ten months of the year and a broadly stable inflation situation expected for the remaining two months.