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Treasury Minister Allan Bell says the Isle of Man is weathering the worldwide economic turmoil well.
Analysts in the United Kingdom say the recession there is one of the worst economic downturns for 50 years, but a UK newspaper has praised the Island for riding out the storm.
On Mandate, Mr Bell said it hadn't entirely escaped the effects of the credit crunch and the recession biting into the world economy.
But it was doing relatively well, and its economy was still strong:
Ribbon cut on fully refurbished M&S store
Staff, the Island's Lieutenant Governor and a giant inflatable Percy Pig mark completion of store makeover
Inflation falls to 2.9 percent in March
Restaurant, food and education costs continue to rise
Is 'inter-generational home sharing' the solution to the loneliness epidemic and housing crisis?
Island businessman says he has found the answer
DfE provided more than £250,000 to MT to assist with below ground fibre installations
Minister says figure was to ensure premises deemed not commercially viable could be included in rollout
