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Mauritius: Moderate growth expected for the Mauritian economy according to the Chamber of Commerce




The Chamber of Commerce and Industry of Mauritius (MCCI) has recently made public its growth forecasts for the national economy.
 
The macroeconomic outlook highlighted by the Chamber of Commerce should drain in their wake in 2015. Moderate growth in gross domestic product (GDP) estimated to be 3.7% against a growth of 3.5% last year.
 
The MCCI equally expects an inflation of around 3.8% and unemployment that expected to be around 7.5%, while in 2014 the unemployment rate stood at 7.8%.
 
The International Monetary Fund (IMF) had already revised, in mid-April, downwards its growth forecasts for the Mauritian economy for 2015. The rate of growth of 3.9% initially forecast had been brought back to 3.5 too %.
 
As a reminder, the Mauritian Minister of Finance Vishnu Lutchmeenaraidoohad presented at the end of March 2015 the budget for 18 months of fiscal year. The Mauritian authorities have focused for growth of 5.3% of the country's economy to 30 June 2016.
 



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