To print: Click here or select File and then Print from your browser's menu.

 

---------------------------------------------------------------------------
© 2011 - 2016 Bali Discovery Tours, All rights reserved.
This message originated from http://www.balidiscovery.com/
Find it online at http://www.balidiscovery.com/messages/message.asp?Id=5080
---------------------------------------------------------------------------

 

Bali Economy Grows in 2008

Bali Economy Expanded by Nearly 6% in 2008.

(2/28/2009) The Jakarta Post reports that Bali's economy expanded by 5.97% in 2008, a slightly improved performance over 2007 when growth rates hit 5.92%.

Marginally lower than the national average of 6.06%, a leading Bali economist I Nyoman Erawan of Udayana University saw the Bali's growth rate as "respectable."

Erawan also said, "the island has not been able to overtake the national growth rate since the Asian financial crisis of the late 90s, but the margin has been trimmed down over the years," Erawan said.