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Economy growth predicted

by isleofman.com 11th August 2013
The Island’s economy is heading for a growth rate of between three and four per cent in the current financial year, according to the government’s latest quarterly economic report.

Covering the three months up to the end of June, it gives positive updates and outlooks for manufacturing, e-business, shipping, aircraft registration, clean tech and tourism.

However, it's not all good news.

The report shows retailing and construction continue to struggle.

Chief Minister Allan Bell says government is making efforts to support those sectors.

He says overall growth still needs to be boosted further as well:Clip 1
Posted by isleofman.com
Sunday 11th, August 2013 11:38pm.

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