Alex Allinson responds to concerns over GDP and GNP figures
The treasury minister says there's no evidence that the Isle of Man is in recession.
It follows questions in Tynwald this week over figures which show a year-on-year reduction in real Gross National Product since 2020, and reduction in real Gross Domestic Product and GNP since 2017.
Alex Allinson admits the Island has faced its 'challenges' over the past few years.
But he believes there's reason to be confident:
Commonwealth Games: Matt Bostock wins gold in points race
Manx cyclist wins Isle of Man's first Commonwealth Games gold since 2006
Salt manufacturer eyes restaurant move
The Isle of Man Salt Company submitted plans for The Boathouse in Port St Mary
Memorial services to mark 53rd anniversary of Summerland Disaster
Fifty people died in leisure complex fire in 1973
Internet provider to increase prices next month
Manx Telecom says it's in line with annual three percent lift