as a result of fiscal stimulus and currency depreciation inflation increased to in domestic demand would continue to support expansion as merchandise exports and remittance inflows are likely to be weak amid low global prices for oil gold and cotton as well as subdued economic activity in other subregional economies prudent macroeconomic management in past years as reflected in favourable fiscal positions and large external buffers helped to enhance the country s ability to respond to external shocks nonetheless further efforts are needed to accelerate privatization and promote a more diversified private sectorled economy that can generate productive jobs and sustain inclusive growth