Nepal saw a massive growth slump in the third quarter of the last fiscal year 2019-20–to 0.8 percent–due largely to negative growths in at least five sectors, according to estimates of the Central Bureau of Statistics made official on Sunday.

Economists say less than one percent growth observed in the third quarter in the last fiscal year could mean a further devastating impact on the economy in the fourth quarter [mid-April to mid-July] when the country was entirely under the lockdown.

The government imposed the nationwide lockdown to contain the spread of the coronavirus on March 24, which was lifted on July 21.

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