The deficit in the trade account narrowed significantly in November 2018 (year-on-year) following the noteworthy decline in the import expenditure.
Exports grew by 4.1 per cent while imports contracted by 9.1 per cent in November 2018 (year-on-year).
Earnings from tourism rebounded strongly with the start of the tourism season registering a growth of 18.2 per cent in November (year-on-year). Tourism sector is expected to continue its robust performance through 2019.
Published Date:
Monday, January 28, 2019