Recovery takes more than reforms

News Today 18.06.2021 medium

The most recent growth estimates of the National Statistical Office show that after a steep contraction in the first quarter of last year, growth accelerated steadily afterwards. This would have assured a recovery had we not experienced the second wave of the pandemic that came with the current financial year. Output may well have contracted in the beginning of this year. So, though recovery will eventually come, it could be W-shaped rather than V-shaped. believe. (Read More)


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