Meanwhile, workers’ remittances moderated in February 2018, as has been the usual pattern over the last several years. On a cumulative basis, workers’ remittances increased by 2.6% compared to the first two months of 2017.

Tourist arrivals increased by 19.3% in February 2018, driven by a higher number of tourists from China, India, Russia and the United Kingdom compared to February 2017. In this year’s first two months, 474,542 tourists arrived, marking an increase of 13.8% compared to the corresponding period of 2017.