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GDP growth rate drops below 5 percent
Economy

GDP growth rate drops below 5 percent

Agency News

As expected the GDP (Gobal Domestic Product) has dropped below 5 percent in the second quarter (July-September).

The data released by the Government shows the economy slowed down further in the second quarter and was recorded at 4.5 percent. The current slowdown in the economy has been attributed to a slump in demand from consumers.