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Mauritius: The Governor of the Central Bank of Mauritius aims on an inflation between 3.7% and 4.2%




The Governor of the Central Bank of Mauritius, Rundheersing Bheenick, is of the opinion that the rate of inflation for 2014 should be between 3.7% and 4.2% while inflation was around 3.5% last year.
 
"Inflation remains the struggle of the Bank of Mauritius. We do not give up the fight", recalled Rundheersing Bheenick, while stressing the imperative need to "bring the inflation rate at the same level as our trading partners".
 
"If it does not, we will have to depreciate the currency. What will constitute an inevitable tax for the poor. There is thus no reason to be satisfied with the current rate of inflation", also told the Governor of the Central Bank of Mauritius, Rundheersing Bheenick to the Le Défi Quotidien newspaper.
 
As a reminder, the Chamber of Commerce and industry of the island (MCCI) aims on his side in June last on a growth rate of 3.4% for 2014 and inflation expected to reach the 4%.

The Governor of the Central Bank of Mauritius, Rundheersing Bheenick - Photo defimedia.info
The Governor of the Central Bank of Mauritius, Rundheersing Bheenick - Photo defimedia.info



Fabrice François


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