Last week, the Government released figures of Gross Domestic Product (GDP) growth and it led to a lot of general furor about the state of our economy. While economists, politicians and commentators like to go bananas over this one term, it is quite difficult for a mango person to understand what this is about. What does a 5% GDP growth rate in the last quarter mean exactly?
And no, the answer is not, “It was 8.1% in 2018 quarter one, so the current gormint sucks!”
