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Central Bank releases latest economic report

The domestic economy’s mild growth trajectory was maintained during September, according to The Central Bank of Bahamas’ latest Economic and Financial Developments report. Activity was underpinned by the ongoing gains in tourism, amid increases in high-end hotel inventory and airline seat capacity, while construction sector output was driven by several varied-scale foreign investment projects. 

Source:
Date:
Updated:
Central Bank of The Bahamas
Thursday, November 1, 2018
Thursday, November 1, 2018

The domestic economy’s mild growth trajectory was maintained during September, according to The Central Bank of Bahamas latest Economic and Financial Developments report.

Activity was underpinned by the ongoing gains in tourism, amid increases in high-end hotel inventory and airline seat capacity, while construction sector output was driven by several varied-scale foreign investment projects.


Read/download the full report here:

Short getaways to the highly anticipated private island development in The Bahamas, CocoCay, are in for a double dose of adventure with a $115 million modernization of Royal Caribbean International's (RCI) Navigator of the Seas. Read a press release from RCI here.

Deputy Prime Minister and Minister of Finance Peter Turnquest brought remarks at the Caribbean Association of Banks' 45th Annual General Meeting and Conference, October 31, 2018. Read/download his address here.

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