MEFD September 2010
Published: Monday November 8th, 2010
Preliminary data suggests a continuation of generally subdued economic conditions, with tourism performance, which is normally weak during September, registering some improvement in comparison to the year earlier period. However, construction sector output remained constrained, amid extended weakness in domestic building and foreign investment funded activities. In monetary developments, both external reserves and bank liquidity expanded marginally, and were maintained at relatively high levels, given the fall-off in domestic demand.
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