CoC sets out 10 priorities for government to improve economy 

'Economic development does not come from one department" says chamber president

The Isle of Man Chamber of Commerce has set out 10 priorities to improve the Island's economy. 

The 'Future Economy Framework’ and ‘Conditions for Growth’ reports are hoped to be included in Chief Minister Chris Thomas' 'Government Programme' next month. 

Chamber President Claire Watterson said: “We have set out the business community’s thinking on what the Island needs to support sustainable economic growth, and how that ambition could translate into practical action."

She adds all government departments are needed to improve the Islands financial state:

The Future Growth Framework draws on focus groups, workshops and three roundtables with Chamber’s ‘Gold Members’ (leading sponsors) exploring economic ambition, the conditions businesses need to grow, and ownership and delivery.

Meanwhile, the Conditions for Growth paper, and the 10 priorities within it, began with an initial priority list developed by Chamber which was then tested via a members’ survey.

The 10 priorities are:

1. Put sustainable economic growth first
2. Create a world-class environment for business
3. Modernise Government delivery and decision-making
4. Build a skilled, talented and future-ready workforce
5. Accelerate the knowledge economy, innovation and human capability
6. Unlock housing and population growth to support the economy
7. Create a strong international proposition for the Isle of Man
8. Invest in infrastructure and connectivity that enable growth
9. Improve economic intelligence, data and accountability
10. Shape the economy of tomorrow