This positive growth comes against the backdrop of a 16.4% contraction in the economy reported in the second quarter of last year. 3,007,345 million which was recorded in the second quarter of 2020 registering 20.6% of change in the current price GDP. Accordingly, in the second quarter of 2021, the YoY GDP growth rate has been calculated based on that reduced level of real GDP. However, the following figure clearly shows that the economy still has not reached at least the GDP level, reported in the second quarter of 2019. This created some sort of favourable environment to continue businesses in the second quarter of this year when compared to the situation and the nature of the lockdown period in the second quarter of 2020.

Source: The Nation September 18, 2021 18:45 UTC