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The Economic Analysis

External and internal shocks rock the economy in 2012

External and internal shocks rock the economy in 2012

The economy took a downturn in 2012 owing to severe external and internal shocks. These affected economic growth, the trade balance and fiscal outturn adversely. Economic growth is likely to dip below 7 per cent this year from the higher trajectory of 8 per cent planned for the country. The global economic depression and the [...]

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