In 2019, the economy is projected to grow by 2.7 percent with major contributions from the manufacturing, transport, financial & insurance, and wholesale & retail trade sectors.
In 2020, a broad-based growth of 3.2 percent is forecasted for the domestic economy with major contributions expected from the manufacturing, transport & storage, accommodation & food services, wholesale & retail trade, and construction sectors.
To encourage investment, social and economic growth Government has announced the following incentives and tax measures in its 2019/2020 national budget. Read more….