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MEFD November 2018

Published Friday December 21st, 2018

Preliminary economic indicators suggest that the modest growth in the Bahamian economy persisted during November, supported by gains in tourism sector output, while foreign investment projects continued to provide the impetus for construction sector activity. In the monetary sector, liquidity narrowed, as the growth in domestic credit overshadowed gains in deposits, while external reserves contracted, reflecting the traditional increase in foreign currency demand during the latter half of the year.

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