Domestic demand to grow by 4.8% next year

DOMESTIC demand is expected to grow by 4.8% in 2019 after registering a 5% rise this year, driven by private sector expenditure that is slotted to rise by 6.4% next year and 6.5% in 2018.

Public sector expenditure is expected to decline by 0.9% in 2019 after growing marginally by 0.1% this year mainly due to lower consumption by public corporations.