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Central Bank of The Bahamas
Wednesday, May 2, 2018 Wednesday, May 2, 2018 |
Increased holiday-related travel contributed to gains in tourism output, while foreign investment projects buoyed construction sector activity.
Government’s budgetary operations featured a reduction in the fiscal deficit over the first eight months of FY2017/18, led by a decline in capital spending and an increase in tax revenues.
In addition, owing mainly to net foreign currency inflows from real sector activities, both liquidity and external reserves expanded.
MEFD March 2018
