30/11/2023
This is the second lowest growth ever seen by the country in the last 50 years, as the lowest growth achieved by the country was -1% during the COVID-19 pandemic. However, the GDP growth rate has turned positive and stood at 2.13% during the first quarter (July-September) ongoing fiscal year 2023-24 compared to the -2.7% seen in the last quarter of FY 2022-23.
This data shows that the growth rate under the PDM-led government was 0.29% in the provisional data, but in the finalised figure it has been earmarked in the negative zone of 0.17% for the whole financial year 2022-23.
