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[media type="image" id="939097" layout="portrait" position="right" caption="1"][/media] Economists and businesspeople in general have labelled the proposed national budget for fiscal 2021-2022 a conventional one which is seemingly a continuation of last year's financial plan. Besides, the necessary allocations and strategy reforms needed to address the new challenges stemming
Handset sales down 40pc since January
Sales of mobile handsets have dropped more than 40 per cent in April compared to the January level after consumers tightened their belt as they see no immediate end to the coronavirus pandemic.
And amidst the second wave of Covid-19 infections, sales have fallen further as the government introduced movement restrictions and lockdowns.
The sales were great during the first six months of the current fiscal as the pandemic led to soaring digitalisation. Many people had to purchase digital devices to cope with the new normal, including remote offices and virtual meetings.
The country s top mobile phone manufacturers and assemblers said that they had started trying to sell the devices online after the new surge of the virus.
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