Montserrat’s Economy Projected to Expand by 5 Percent in 2023

The Montserrat economy is forecast to expand by 5 percent in real terms in 2023.

So says Premier and minister for finance and economic management, the Honourable Joseph Farrell.

Premier Farrell stated that the expansion would be underpinned by increased activity in financial inter-mediation, construction, transport, storage and communication, Real Estate, rental and business activities, and structural improvements in Public Administration, defense and compulsory social security.

He was at the time delivering the 2023/24 budget in Parliament on Monday

Premier and minister for finance and economic management, the Honourable Joseph Farrell