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Unlike last year when three major components of the economy namely, agriculture, industry and services contributed adequately to growth, this year’s growth is certainly not broad-based. Infact, three-fourth contribution to this year’s growth came from the services sector alone with only one-fourth coming from the commodity producing sector...
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It is, therefore, safe to conclude that this year’s growth is services sector-led-growth. The developments on the domestic and external fronts also influenced the growth patterns for the year.
Unlike last year when consumption, investment and net exports contributed 38.3 percent, 45 percent and 16...
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