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MEFD August 2017

Published: Tuesday October 3rd, 2017

Overview

Preliminary indications are that domestic economic growth remained relatively subdued during the review month, reflecting the sustained softness in tourism; although activity in the construction sector continued to be supported by foreign investment-related projects and ongoing hurricane reconstruction work. In the monetary sector, both liquidity and external reserves rose robustly, buoyed by the receipt of proceeds from the Government’s external loan.

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