Bloomberg News

Mauritius Growth to Fall Below 3% in 2012, Mauricien Reports

April 11, 2012

Mauritius’s economy will probably expand by less than 3 percent in 2012, le Mauricien reported, citing Finance Minister Xavier Luc Duval.

Growth may slow because of delays in foreign direct investment and a decline in income from tourism, the Port Louis- based daily cited Duval as saying in a letter to the World Bank.

Growth could decelerate to as low as 1.7 percent this year before rebounding in 2015, the newspaper said, citing the World Bank.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net


Tim Cook's Reboot
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus