Public Investment Outlook FY 2019/20
Introduction
Over the NDP period, economic growth registered fragility. Episodes of economic downturn highlighted the economy’s vulnerability to natural and external shocks. This is highlighted by the sharp decline in economic growth from 9.4% growth in 2010/11 to 3.8% in FY 2011/12 with the continued slowdown in FY 2012/13. However the economy rebounded in the last two financial years registering 6.2% and 6.1% in FY 2017/18 and FY 2018/19[1] respectively.