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Mauritius Economy: 5.3% of growth expected on 30 June 2016




While the Mauritian Minister of Finance, Vishnu Lutchmeenaraidoo, presented in late Monday afternoon the budget 2015 for 18 months of the year, the Mauritian authorities expect on 30 June 2016 for a growth of 5.3% of the economy compared to 3.5% recorded last year.
 
And this growth should be about 5.7% for the 2016-2017 period and bring the Mauritian economy a comparable growth than that before the global financial crisis.
 
As a reminder, on its side, the Mauritius Commercial Bank Focus (MCB) forecasts a growth of the national economy of 3.8% in 2015, while the World Bank and the International Monetary Fund (IMF) align a forecasted growth estimated around 3.9%. According to the British bank, Standard Chartered Bank, based in Mauritius since 2002, the Mauritian economy should reach 4% growth rate in 2015.



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