THE uncertainty brought by possible new variants of Covid-19 and inflation pose the greatest risks for the Philippines this year, according to the National Economic and Development Authority (Neda) and local economists. On Thursday, the Philippine Statistics Authority (PSA) disclosed that the economy grew 5.6 percent last year and posted…
GDP at Constant Prices (2011-12) in the year 2021-22 is estimated at Rs 147.54 lakh crore, as against the Provisional Estimate of GDP for the year 2020-21 of Rs 135.13 lakh crore, according to data released by the National Statistical Office (NSO).
After navigating the turbulent pandemic waves, the recovering Indian economy is now sailing through unchartered waters of rising coronavirus cases, spiralling commodity prices and spiking inflation though the lighthouse of sustainable growth remains visible. As 2022 begins, a raft of developments, ranging from Budgetary announcements to continuation of stimulus measures to
The government has been touting the 8.4% real GDP growth rate as evidence of the economy recovering. A deeper examination reveals that such optimism is far from warranted.