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MEFD, March 2019

Published Thursday May 2nd, 2019

Indications are that the domestic economy maintained its modest pace of growth over the review month of March. The sustained increase in stopover visitor arrivals supported gains in tourism sector output, while ongoing medium and small-scale foreign investment projects undergirded activity in the construction sector. In monetary developments, the corresponding robust real sector inflows boosted external reserves; however, liquidity contracted as resources shifted to Government.

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