GDP reached $51.5 billion in 2016, propelled by a real growth rate of 1.7 percent, according to the 'National Accounts' report recently released by the Central Administration of Statistics (CAS).
The World Bank, the Central Bank, and Bank Audi had estimated GDP growth of two percent. The International Monetary Fund (IMF) had projected a real growth rate of one percent.
The GDP growth in 2016 was an improvement from 2015, when real growth was just 0.2 percent.
GDP was growi...
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