Posts Tagged ‘construction’
Financing & Gross National Product
Thursday, January 29, 2009 4:06 No CommentsFinancing of Capital Formation
Capital formation is financed by domestic savings, grants and net borrowing from abroad. In 2008, the economy was able to finance capital formation from grants and domestic savings alone. Grants from abroad recorded a growth of 37.8 per cent. The impact has been stimulated by grants that are being channeled to [...]
International Trade, Manufacturing, Building & Construction
Thursday, January 29, 2009 3:49 No CommentsInternational Trade
Volume of trade in terms of exports and imports recorded marginal declines resulting to narrowing of the trade deficit. Current account improved to record a surplus for the first time since 2003. Significant falls in export prices and volume various export items mainly explains the sluggish performance of the export sector .
The balance of [...]