The growth rate of the country had been declining since the first four quarters of the Coronavirus epidemic. The reward was that GDP was developing but only slightly. Now the country's GDP is expected to fall by 21.5% in the first quarter of this business year due to the impact of the coronavirus epidemic and lockdown.
The National Statistics Office may release GDP figures for the June quarter at 5.30 pm. If the country's GDP declines it will be the first decline in the country's economy in more than four decades. Almost all the major economic agencies have said in their estimation that there may be a big fall in the country's GDP in the June quarter.
Posted Using LeoFinance
