The Central Bank of the Bahamas says as indicators move closer towards their medium-term growth potential, the domestic economy is expected to expand at a moderate pace in 2024.
It said the growth is bolstered by ongoing gains in the tourism industry and other areas of the real sector, and new and ongoing foreign investment projects are anticipated to provide support to the construction sector and aid economic growth.
With regards to the labour market, employment conditions are expected to continue to improve with additional job gains primarily in the construction and tourism sectors.
In terms of prices, inflation is projected to maintain its downward trajectory.
comments powered by Disqus
All feeds
