The Island's economy is heading for a healthy real growth
rate of between three and four per cent in the current financial
year, according to the Government's latest quarterly economic
report.
The report, produced for the Council of Ministers by the
Treasury's Economic Affairs Division, covers the three months
up to the end of June this year. It provides positive updates and
outlooks for various sectors including manufacturing, e-business,
shipping, aircraft registration, clean tech and tourism.
Welcoming the report, Chief Minister Allan Bell MHK
commented:
"The continuing growth of the Isle of Man economy is the
result of a number of factors, including our policy of
diversification, the partnership approach between Government and
the private sector, and our competitive, reputable business
environment. It is a testament to the professionalism and quality
of service that the Island offers to customers around the
world."
