The CSO pegs FY20's economic growth rate at 5% which is one of the lowest in a long time. Analysts expect that the GDP growth rate could be revised downwards to about 4.5% later. Among the reasons to doubt the growth rate is the slow credit growth and muted festive cheer.
The CSO pegs FY20's economic growth rate at 5% which is one of the lowest in a long time. Analysts expect that the GDP growth rate could be revised downwards to about 4.5% later. Among the reasons to doubt the growth rate is the slow credit growth and muted festive cheer.