MEFD November 2017
Published: Wednesday December 27th, 2017
Overview
Indications are that the domestic economy improved modestly during the review month in comparison to 2016, as increased visitor arrivals and a boost in hotel capacity, contributed to gains in tourism output. In addition, construction sector output continued to be supported by varied-scale foreign investment projects. Monetary developments were dominated by the receipt of proceeds from the Government’s external bond issue, which boosted liquidity and external reserves.
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