Topics to highlight in this Panel Discussion:
-The economy grew by only 0.1 percent in the quarter ending December 2019
-The economy has grown for 20 executive quarters
-A decline in the mining and quarrying industry
-A slowdown in construction activities
-PIOJ predicting GDP to grow with the range of 0% to 1% for the January to March 2020 quarter
-The slow rollout of new strategic investment projects
-Positives: increase hotel room and air seat capacity, more output per hectare for some domestic crops
-Positives: lower interest rates and a relatively stable macro-economic environment.
-The goods-producing industry contracted by an estimated 3.8 per cent -Mining and quarrying contracted by as much as 38.7 per cent
-Alumina production fell by 44.9 per cent
-Lower levels of alumina production are expected to last between 15 and 21 months
-Fruit production up 44.1%
-Hotels and restaurant industry expanded by 3.5 per cent. Construction industry declined by 2%