Pandemic pains Western, Northern Provinces most
Provincial GDP share of country’s hub and war-torn north dips whilst others improve marginally amidst worst economic contraction in recent history
In a year when the country saw its worst contraction in the economy, the effect of the pandemic was most severe in the Western and Northern Provinces whilst others improved, though marginally.
As per Provincial GDP (PGDP) data for 2020 released by the Central Bank this week, amidst outbreak of the COVID-19 pandemic, Western Province continued to be the nerve centre of the economy whilst its share declined, contributing to an overall contraction. The economy shrank by 3.6% in 2020 as opposed to 2.3% growth in the previous year.