Diversifying beyond tourism and fishing is the major challenge facing the government.
Efforts to increase GDP include the promotion of tourism and a financial services industry, although the International Banking Repeal Act of 2002 resulted in the termination of all offshore banking licenses.
Tourism is a growing sector, although not proportionately as important as in many other Caribbean islands.
Apparel exports and tourism are mainstays of the economy.
At the same time, the government has moved to reduce the dependence on tourism by promoting the development of farming, fishing, and small-scale manufacturing.
The financial sector, the shipping sector, and tourism each contribute 25%-30% of GDP.
Despite the hurricane, tourism looks set to enjoy solid growth for the foreseeable future.
Tourism and export-oriented manufacturing have begun to assume larger roles, although they still only account for 7% and 4% of GDP respectively.
The country has few mineral resources, but its spectacular natural beauty sustains a substantial tourism industry.
Resumption of mining and hydrocarbon activities is not around the corner, thus leaving only tourism with some potential for the near future.
Tourism has traditionally been an important source of income for the island, with estimated arrivals of nearly 3.
Current economic development plans call for exploiting the tourism potential and expanding the fishing industry.
Growth in tourism and IMF support have been key elements in this solid record.
The government hopes an expansion of tourismwill boost economic prospects.
The country is also a regional financial center, and tourism is a growing sector, although it is not proportionately as important as in many other Caribbean islands.
Tourism accounts for about 20% of GDP and is a primary source of hard currency earnings.
Tourism is the leading foreign exchange earner, followed by agricultural exports.
During the 1980s tourism became one of the most important and highest growth sectors of the economy.
The rapid growth of the tourism sector over the last decade has resulted in a substantial expansion of other activities.
Tourism is growing, especially in the pleasure boat sector.
Diamond mining and tourism also are important to the economy.
In addition to nickel, financial support from France and tourism are key to the health of the economy.
The dual island nation's agricultural production is mainly directed to the domestic market; the sector is constrained by the limited water supply and labor shortages that reflect the pull of higher wages in tourism and construction.
Revenues from tourism have given the island a favorable balance of trade and helped the agricultural sector to become self-sufficient in the production of beef, poultry, and eggs.
Current economic development plans call for exploiting thetourism potential and expanding the mining and fishing industries.
As tourism revenues are now the chief source of the islands' foreign exchange, a decline in stopover tourist arrivals following the September 11 terrorist attacks has eroded government finances.
A decline in tourism in 2000 has also held back growth.
As tourism and the world economy picked up, the economy grew about 0.
Rapid growth in exports of agricultural and manufactured products and in tourism have played important roles in the average 6% rise in GDP in recent years.
Added to the difficulties of enforcement was the increasing exposure of Bulgarians through tourism to the great variety of contemporary art produced in Western Europe and in some of the other communist countries.
Bulgarian Radio and Television decided to cooperate with the Committee for Tourism to promote a 1-1/2-hour program for foreign tourists on the Black Sea coast.
Increasing tourism has resulted in special problems in resort areas.
Tourism continues to be important to the island's economy, although international business has overtaken it in recent years.
In the short term, regional tensions will continue to affect tourism and hold back prospects for economic expansion.
Increases in agricultural production (coffee and bananas), nontraditional exports, and tourism are responsible for much of the growth.
Political uncertainty and drought, however, contribute to substantial fluctuations in earnings fromtourism and sugar.
In recent years, tourism and export-oriented manufacturing have assumed larger roles.
Tourism has become the most important growth industry, and construction of the first international hotel is under way.
Tourism makes a direct contribution to GDP of about 13% and also affects growth in other sectors - particularly in construction, communications, and public utilities.
The tourism sector is also expanding, with the recent trends in ecotourism and whale-watching.
Growth in tourism and increased trade have been key elements in this steady growth.
The recovery has also been supported by growth in the manufacturing and tourism sectors.
Fishing and tourism are the other mainstays of the economy.
Tourism continues as a major industry, providing a vital offset to the sizable commodity trade deficit.
Tourism provides some foreign exchange, although the remote location of Palau and a shortage of suitable facilities has hindered development.
The tourism sector is also expanding, with the recent trends in ecotourism and whale watching.
After petroleum, border assembly plants and tourism are the largest earners of foreign exchange.
Rapid growth in exports of agricultural and manufactured products and in tourism have played important roles in the average 6.
Manufacturing and tourism are the largest contributors to the economy.
Tourism is a key industry, with most tourists from the US.
Real life eventually makes the distinction between fiction, the fiction of fiction, the tourism of the fiction of fiction, and reality.
EU-driven tax reforms in 2003 have introduced fiscal imbalances, which, coupled with a sluggish tourism sector, have resulted in growing fiscal deficits.
The government has been backing public works programs, tax reforms, new regional trade agreements, and development of tourism in order to stimulate growth.
