Economy Shows 5.8% Growth during First Three Months of 2014

The economy figures for the first three months of 2014 have exceeded all expectations. Gross Domestic Product (GDP) has increased by 5.8% compared to the same period in 2013 according to General Controller of the Republic.

The major “engines” of the economy which had caused the biggest positive effect in the economy were: transport and communication, construction, financial and banking services, wholesale and retail, as well as public services. To a lesser extent we can see an increase in production and mining. Negative changes show energy production, as well as in certain areas in agriculture (coffee, for example).

If world economy effect added, mainly grow can be seen in the field of transport sphere of economy, such as the Canal. There is a negative trend in the export of bananas and other fruits.

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