摘要:The government held to its conservative fiscal
strategy in 2006 and monetary policy was tightened
further in support of the fiscal stance. While the
principal focus was on reducing domestic
consumption to safeguard the fixed exchange rate
and marshal the resources required to meet external
obligations, the economy was resilient largely due
to a timely boost provided by the launch of
commercial oil operations. As growth of the nonoil
sector slowed to 2.5%, GDP growth
nevertheless accelerated to 5.8% with value added
from the oil sector contributing 3.3% (measured in
2006 prices). Activity in the primary sector fell as
bad weather, disease and cyclical factors impacted
negatively on agriculture, and financial difficulties in
the farmed shrimp sub-sector caused a downturn
in fishing. The secondary sector experienced a
contrasting turnaround largely due to an upsurge in
local electricity production. While decelerating, the
services sector registered an increase that was driven
by wholesale and retail activity and expansion of
the telecommunication infrastructure.