Growth in agriculture and construction sectors anticipated

The Government said a slight decline is expected in the agricultural sector in 2023. In the construction sector, the value of imported construction materials declined by 19.1% at the end of the first quarter of 2023 compared to the same period in 2022. Despite these challenges, growth is expected for these sectors in 2023.

“Based on the limited data received from the Central Statistical Office (CSO) and estimates by the Ministry of Finance, banana production declined by 45.8% at the end of the first quarter in 2023 compared to the first quarter in 2022,” said the 2023 mid-year review recently presented in the Houses of Parliament.

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