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Central Bank of the Bahamas Reports economic growth with Gains in tourism and construction sectors

The Bahamas economy showed signs of continued expansion during the second quarter of this year.
 
In its latest Quarterly Economic Review for the month of June, the Central Bank of the Bahamas said, although at a more tempered pace, with economic indicators reverting closer to the expected medium-term potential, indications are that the domestic economy continued to expand during the second quarter of 2024.
 
It said tourism output registered further gains, secured by sustained performance in the high value-added air traffic and robust increases in sea passengers, given the persistent demand for travel in major source markets.
 
In addition, various foreign investment projects provided steady gains to the construction sector.


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