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MEFD July 2005

Published: Monday August 29th, 2005

Prospects for the Bahamian economy for the second half of 2005 and 2006 remain generally favourable, reinforced by foreign investment inflows in tourism-related projects and construction for both the domestic residential and the foreign second homes markets. In addition, the outlook is supported by stable growth forecast for the US economy, despite higher energy prices and rising interest rates.

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