New Caledonia Reserve Bank says 2007 very positive

Updated March 31, 2008 16:46:50

A new report by the New Caledonia Reserve Bank says 2007 was a very positive year for the territory despite a stagnation in tourism. The healthy outlook follows the recent announcement of record profits by the New Caledonian mining firm S-L-N from its nickel mining operations last year.

presenter: Sandrine Ducrot
Speaker: Laurent Fakhoury, head of the Studies Department of New Caledonia's Reserve Bank