Economic Briefing & Forecast for 2010
The Falkland Islands Government has published its Economic Briefing & Forecast for 2010. This seven-page document examines the current global economic environment, and its likely impact on the Falkland Islands. It reviews the fisheries, agriculture, tourism and other commercial sectors, and examines the implications for public finance. The Falkland Islands economy is expected to expand by 5.3% in real terms during 2010. The current year, in line with other world economies, should see some recovery with early signs of an improved catch within the Illex fishery and higher wool and meat prices within the agricultural sector. Any potential revenues from exploitation will not feature in the Islands™ economic planning unless and until commercially viable reserves are discovered.
The report and a press release can be viewed by clicking the links below: