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Mauritius economy: 'rare window of opportunity'

Economic growth in Mauritius is looking ‘broadly positive’, suggests an update on Bloomberg.

And maybe that presents an opportunity for the government, it speculates, ‘to implement reforms over the next two years that could boost output even further, Business Mauritius said’. Mauritius economy

The piece quotes the Mauritius-based industry lobby group.

‘In light of the broadly positive economic outlook for Mauritius, it is felt that the next two years should be treated as a rare window of opportunity for accelerated reforms’, it quotes Business Mauritius, from a recent 2018-19 budget memo.

This suggests measures to raise productivity, for instance, and diversify tourism, ‘with the ambition to bring growth back to a rate exceeding 5 percent’.

The Mauritius economy is currently predicted to grow by 3.9 per cent this year, and 4 per cent next, according to Statistics Mauritius, adds the piece.

Read more here.

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