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:
Plans submitted for temporary base for Douglas RNLI
Discussions about its permanent future are still ongoing
Work underway to remove asbestos from former Golf Links Hotel
Areas containing hazardous material identified in report
Police raise welfare concerns about vehicle occupant
Officers looking for a pale blue Ford Fusion
New EV charging points planned for Island's ports
Manx Utilities also planning a solar canopy at Ronaldsway
