MEFD April 2015
Published: Tuesday June 2nd, 2015
Preliminary evidence suggests that the economy maintained a relatively mild growth trajectory over the month of April, supported by healthy gains in tourism output and stable foreign investment-led construction activity. The fiscal outcome showed a widening in the overall deficit over the eight months to February of FY2014/15, as higher spending negated growth in revenues. In the monetary sector, both liquidity and external reserves levels were buoyed by net foreign currency inflows from real sector activities.
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