Central Bank of Belize - Annual Report 2005

According to the Central Bank of Belize's Annual Report 2005, GDP grew by 3.1% in 2005 as the policy environment tightened somewhat in an effort to reduce pressure on the international reserves.

Growth was led by services with tourism playing a key role in the expansion of distributive trade, transport & communications as well as the continuing growth in hotel and restaurant activity. Activity in fisheries also heightened as a result of developments in shrimp and tilapia farming. New employment

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