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Mauritius Economy To Expand By 3.8% In 2016 – IMF

The economy of Mauritius is expected to expand by 3.8 per cent this year and 3.9 per cent in 2017, the International Monetary Fund (IMF) said on Friday.

The IMF said in a statement that it encouraged authorities to strengthen macroeconomic and financial sector resilience and pursue structural reforms to raise productivity and growth.

Data published by the IMF showed the Indian Island economy would also expand by 4.0 per cent in 2019.

The Bank of Mauritius, the Central Bank, said in February that the economy would grow by 3.8 per cent this year, a touch lower than the 3.9 per cent forecast by Statistics Mauritius. (Reuters/NAN)

The post Mauritius Economy To Expand By 3.8% In 2016 – IMF appeared first on Nigerian News from Leadership News.

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