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2022 Economic Review and 2023 Outlook - FDC Ltd

Dec 21, 2022   •   by   •   Source: FDC Ltd   •   eye-icon 363 views

2021 vs 2022 What are the LEIs Saying? 

  • 2022 has been turbulent with various headwinds and distortions in the global and domestic economy.
  • Impacting on the economic output
    • Growth is expected to be tepid and subdued and it is projected at 2.8% FY’2022 Inflation is on a 17year record high
  • Forex market is turbulent due to forex rationing
  • Oil production is at a record low
    • Depriving the country, the benefit from the windfall of the global higher oil prices
  • 2022 has been indeed a year to remember

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