Source: Date: Updated: |
TheBahamasInvestor.com
Thursday, December 29, 2011 Thursday, December 29, 2011 |
The domestic economic environment during 2011 has to be viewed in the context of a weaker than expected recovery in the global economy and less positive performance indicators for the US, according to The Central Bank of The Bahamas.
However, initial indications are that the gradual improvement in the domestic economy was upheld through the latter half of the year, supported mainly by ongoing construction sector projects and more modest gains in the tourism sector.