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Mauritius: The African Economic Outlook forecasts growth of more than 4.5% between 2015 and 2016




The macroeconomic outlook established by the African Economic Outlook expect a consolidation of the Mauritian gross domestic product between the years 2015 and 2016.
 
The latter is thus expected to register 4.5% to 5% growth over the period.
 
The rating agency Moody's expects on its side a growth of 3.6% of GDP of Mauritius, a forecast well below that estimated by the government.
 
The International Monetary Fund (IMF) had also been revised in mid-April to downwards its growth forecasts for the Mauritian economy for 2015. The rate of growth of 3.9% initially forecast has been reduced to 3.5%.
 
As a reminder, the Mauritian Minister of Finance Vishnu Lutchmeenaraidoo had presented in late March 2015 the budget for 18 months of exercise. The Mauritian authorities have focused for a growth of 5.3% of the country's economy to 30 June 2016. And this growth should reach 5.7% for the 2016-2017 period and bring back the Mauritian economy to a growth comparable to that known before the global financial crisis.



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