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Monday, 15 October 2012 - 8:24
Government is planning to increase annual investment levels.
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The government is planning to increase annual investment levels to 33 to 35 % of GDP by 2016 of which, around 6 to 7 % is expected to be government investments while the private sector, both domestic and foreign is expected to invest around 27 to 28 %.

The government has taken several initiatives such as lowering taxes, strengthening banking and non banking financial institutions, improving infrastructure and others to boost investment.

Identifying and removing barriers to investment has also given high priority.

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