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Healthy growth ahead for the Isle of Man

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The Isle of Man's economy is heading for a healthy real growth rate of between three and four per cent in 2013/14, according to the Government's latest quarterly economic report, continuing it's success of 28 years of economic growth.

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.

To read the Chief Minister's full comments, please view the recent news release.

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