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:
TT organisers announce revised Saturday race schedule
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TT campers in 'high spirits' despite rain affecting race week
'Costa del Ballaugh' one week, mud the next
Rider taken to Noble's Hospital after Senior TT red flag
Competitor 'conscious and talking' after incident at 11th Milestone
Red flag stops Senior TT race
Race halted during second lap
Further delay to TT schedule due to 'non-racing operational matter'
Clerk of the Course confirms change to proceedings