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Mauritius GDP to grow 4pc in 2012-14

PORT LOUIS : Mauritius ' economic growth for 2012 to 2014 is expected to be around 4 percent instead of the gradual rec
Published Updated

capitalPORT LOUIS: Mauritius' economic growth for 2012 to 2014 is expected to be around 4 percent instead of the gradual recovery to 5 percent, the financial secretary, Ali Mansoor said in a statement.

"Although the Mauritian economy has shown some degree of resilience in the past, it is not yet on a sustained recovery path," Mansoor said in a statement to supervising officers in charge of ministries.

Official government forecasts predict the almost $10 billion economy consistently one of Africa's most prosperous and stable will grow by 4.5 percent this year compared with 4.2 percent in 2010.

 

Copyright Reuters, 2011

 

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