‘The country’s economic growth is expected to be 6.5 percent in the current financial year’, Chief Economic Adviser V. Ananda Nageswaran said on Thursday. Food inflation is expected to ease soon after harvest and arrival of fresh produce. Therefore, we expect the economic growth to be 6.5 percent in the current financial year. Anantha Nageswaran said that crude oil price fluctuations, prolonged geo-political instability, and financial constraints are the challenges for growth. He made these comments while speaking to reporters in Delhi while releasing the economic growth data for the first quarter of the current financial year.

Source: Ethiopian News September 01, 2023 07:44 UTC