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Private sector share in investment sees sharp decline in Q1

Posted on July 13, 2023 By admin
Private sector share in investment sees sharp decline in Q1

“The private sector lost steam and the manufacturing sector, which dominated fresh capex plans in recent quarters, saw a drop in terms of project numbers as well as investments proposed” File | Photo Credit: Reuters Private investors turned cautious in the first quarter of 2023-24, with fresh manufacturing investment plans shrinking 17.5% year-on-year and overall…

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