Without bold reforms, that will be impossible, and even 9% may be out of reach.
And bold reforms on labor policy are just what our country needs right now.
The International Monetary Fund (IMF) has told the eurozone it must make bold reforms to reassure financial markets.
In general, the measures suggest, bold reforms work better than gradual ones.
Lord Turner, in what will be his last speech to the City at the Mansion House in his current role, also broke something of a taboo among prominent British ministers and officials by speaking openly about how if the eurozone cannot save itself through making bold reforms, it should attempt to dissolve itself in what he called a "controlled rather than chaotic fashion".
Bold security reforms decreed by President Hadi would diminish their power, but these have not yet been acted upon.
It would need a disciplined monetary policy and bold structural reforms to retain the gains from its cheaper currency and avoid hyperinflation.
He could have used the money to sweeten bold tax reforms that would make the whole system fairer and simpler objectives he himself has championed.
Moreover, only two months after pushing through its bold tax reforms, the German government is expected to publish, by the end of this month, draft legislation to reform the country's pension system.
Mr Miller's economics minister, Jerzy Hausner, has produced a medium-term plan for belt-tightening that includes bold structural reforms, such as raising the retirement age for women to that for men, and the trimming of automatic indexation of some benefits.
It would take skilful manoeuvring to do that and also promote bold, liberalising reforms, such as cutting fuel subsidies.
The bank's boss, Antony Jenkins, said last September that he would be quick and bold in making reforms at the bank.
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In the long run bold productivity-enhancing reforms will do more to boost the rich world's growth prospects than short-term fiscal austerity.
They want to get behind bold, principled entitlement reforms that can save the country from a debt collapse while making the safety net stronger and individuals freer.
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Nor has he come up with a sufficiently bold or coherent set of reforms likely to change the way the Street does business, even if enacted.
The first is whether Congress honours the few reforms Mr Mukherjee was bold enough to volunteer.
None has been bold enough to push through liberalising structural reforms to raise growth and productivity.
Yet the liberal Mr Singh, once the architect of Indian reforms, appears not so bold as he was.
Mr. Bersani may be committed to honoring Mr. Monti's existing reforms and, if he is bold enough to face down his party's left wing, may even be willing to go further as the price of coalition.
The Conservative MP for South Northamptonshire, Andrea Leadsom, a leading member of the backbench Fresh Start group, which is keen to renegotiate the British membership, said she was optimistic that a good compromise could be found in order to make the reforms, as long as the UK was bold in its ambitions.
Mr Monti is being as bold as he can, but he has lost popularity, some of his reforms have been watered down and his ability to do things is waning as next spring's election approaches.
Dropping his language that loose monetary policy was part of a "currency war" against emerging economies, Guido Mantega, Brazil's finance minister, described Tokyo's revitalised policy as "a new and bold program of economic growth, based on fiscal and monetary stimulus and structural reforms".
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