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MEFD June 2015

Published: Tuesday August 4th, 2015

Indications are that stable gains in tourism sector output and foreign investment-led construction activity sustained a mild economic growth momentum over the month of June. In price developments, domestic fuel costs registered some firming over the month, although they remained below their prior year’s levels, amid the general decline in global oil prices. Monetary sector outcomes featured gains in both bank liquidity and external reserves, associated with net foreign currency inflows from real sector activities.

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