The Central Bank of The Bahamas (CBOB) expects the Bahamian economy to continue to trend positively given the continued improvements in key tourism source markets like the United States, the central bank’s Monthly Economic and Financial Developments (MEFD) report for May reveals.

The MEFD report notes that the increase in high-end room capacity, along with several foreign investment projects, has accounted for the continued positive economic trajectory and will have a direct impact on employment.

Meanwhile, inflationary pressures for Bahamians remain on the “mild” side, the MEFD report states.

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