Wednesday, February 14, 2007

Country's Growth

And it all showed in the country’s growth, as IMF figures point out that the GDP experienced an average increase of 5.9% a year, compared to the region’s average of 2.8% during 1973-99 period. For the year 2006, the country’s real GDP grew by 4.6% as compared to 2.5% a year ago (The World Bank). Also, the total domestic exports of the country have increased significantly from Rs.6.5 billion in the year 1985 to Rs.42 billion in the year 2005. For the first three quarters of 2006, the exports stood at Rs.33.32 billion. The main items of exports include clothing, food, beverages & tobacco, textiles and sugar to its prime trade partners.

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Source : IIPM Editorial, 2007

An IIPM and Malaya Chaudhuri – Arindam Chaudhuri Initiative

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