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Background

However, significant challenges still remain

The agricultural sector still employs about 60% of the labour force, and contributes 35% to GDP

Recent data also reveals a clear evidence of a weakening manufacturing sector as domestic markets are now flooded with imports at highly competitive prices – the result of about two decades of a more liberalized trade regime

And although the financial sector has never been this competitive, leading to significant reduction in lending rates, access to credit still remain beyond the reach of the average entrepreneur.

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