In the External Sector, strong commodity prices and production have led to:   Improvements in the trade account with the June quarter posting a trade surplus, the first since 2006.   Marked improvement in export receipts, lower import payments, donor and investment inflows contributed to the positive outcome in the external sector.
As a result, foreign reserves rose by 24% to $ billion by last week, or equivalent to over 10 months of import cover. In the Monetary Sector, money supply (M3) grew by a moderate 3.0% as opposed to 0.8% growth in the same period last year.