Growth contracted by 3.3 percent in 2020. The COVID-19 (coronavirus) pandemic took a heavy toll on an economy already devastated by the earthquake in 2019. However, the shock to economic fundamentals and economic growth was considerably more contained than was initially feared. Key sectors were put in lockdown in the second quarter (Q2) as the economy suffered a severe contraction of -10.6 percent. The pandemic hit the travel and tourism sectors first...
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2021/04/01
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2021/04/27
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Disclosed
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Subdued Recovery : The Country Notes
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