Economy records eight percent growth

Highest annual rate of growth in three decades:

Trend suggests fast recovery from 2009 setback:

The Central Bank yesterday said that the country’s economy recorded an impressive growth of eight percent, the highest annual rate of growth reported in three decades. This remarkable achievement reflects a fast recovery from the setback suffered in 2009 and a move to a high and sustainable growth path. According to the 2010 Central Bank report which was released yesterday all key sectors of the economy reflected a commendable performance in 2010, underpinned by the peaceful domestic environment, improved investor confidence, favourable macroeconomic conditions and gradual recovery of the global economy from one of the deepest recession in history.

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