Inequality between income and living standard persisted due to uneven rapid economic growth. Interest rate was increased and GDP growth rate was declined from 6.3 percent to 5 percent. Improvement in growth rate didn’t stabilize the price system, energy shortfall, budget deficit and deterioration balance of payments would not be stabilized by rising economic growth. The Inflation-adjusted growth rate kept at 4.9 percent with the 2 percent growth rate of agriculture sector. Economic growth has gone into negative because of this pandemic.

Source: The Nation August 14, 2021 02:48 UTC