On Air Now Club Classics 7:00pm - 2:00am Email
Now Playing The Love I Lost West End Ftg. Sybil / Sybil Download

GDP growth to jump from 1.9% to 3% this year?

A credit rating agency says the Island's economic growth is set to increase by around 50 per cent this year.

After 10 years of 1.9 per cent growth in the Island's gross domestic product, Moody's says that's set up jump to 3 per cent this year and next.

Its latest credit report rates the Island at Aa3 stable, the same as the UK.

Treasury Minister Dr Alex Allinson says the government's economic plans and strategies are delivering real opportunities for individuals and businesses.

More from Isle of Man Business

Recently Played

Listen Live Listen