In 2017, real gross domestic product (GDP) growth picked up to 4% from 2.5% in 2016. The growth outlook for 2018 is likely to be adversely impacted by an anticipated negative impact of erratic rains and fall armyworm infestation on agriculture production. Despite external shocks, the government managed to contain fiscal slippages with the deficit narrowing to 4.8% of GDP. After six years of double-digit inflation, the headline rate has receded to single-digit levels (7.8% in February 2018).
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