Economy stable says Central Bank

Bridgetown.

The  Central Bank  in its review of  Barbados' economy for 2011 indicates while major economic growth has stalled the economy is stable.

According to the review employment  averaging 12 percent is a concern, most of the job looses were   in the manufacturing sector and in the finance and professional services.

Economic growth last was 0.5 percent and the  Central Bank has forecasted a one percent improvement  in the long term, with two to three percent growth possible in the short to medium term.

The Bank said onstruction an tourism with be the main enines of growth of the economy this year.