Investor Presentaiton

Results & Discussion • As indicated in the pervious slide; ☑ICTEDPS AERC • • • manufacturing FDI is positively linked with manufacturing exports; and Annual percentage growth rate of GDP (GDPG) Relative Price (RP) do not affect manufacturing exports, though the coefficients have their expected signs; The affect of Real Effective Exchange Rate (REER) is also insignificant; 16

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