TNAG-0831-FCO40-1039-Commonwealth-Parliamentary-Association-(CPA)-annual-conferen-1979 — Page 85

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

In November 1978 the Progressive Democratic Party of P Austin Bramble

lost all seats in the Montserrat Legislature to John Osborne's People's

Liberation Movement.

Economic

Montserrat's economy is expanding slowly. The main sectors are agri-

culture, tourism, light manufacturing industries, banking and real estate

development.

Aid

Montserrat is in receipt of both UK Budgetary Aid and Development Aid.

As the island has a small domestic market with few natural resources the

aid programme which is running at approximately £800,000 per year is being

concentrated on building up the infrastructure with the objectives of

improvement and diversification of the economy and job creation. Air

communications are being improved which should benefit the tourist industry.

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