Mauritian bank predicts economy will grow by 5.6% in 2008

[stefan]

APA - Port Louis (Mauritius) The net international reserves of Mauritius stood at $US 2.7 billion by the end of September 2008 according to a communiqué issued here by the Bank of Mauritius (BoM) here.
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other country's would be happy to have this happen

[monika]

Hi,
ich befürchte nur, dass der als "Brotkorb der Nation" bezeichnete Faktor Tourismus bald gewaltig höher hängt.


Ich hoffe, ich irre mich.

Gruss,
Monika

[Gerard]

This feelgood factor will alas, come to an abrupt end in 2009 due to the cedit crunch whis is now a global phenomena. The tourist industry will suffer as recession bites in all major european countries and we will see a drastic reduction in the arrivals of visitors on the island later this year. I do hope that this will be short lived and that there will be an upturn in the world economy by next year. In the uk where I live, a lot of people now do not intend to change their cars and certainly are not planning to go away on expensive far away foreign holidays...... This is yet to affect Mauritius but it will surely happen in a few months time as people in europe now have other priorities and are redirecting their finances to more essential things ie: food, clothes etc and will probably go on cheaper holidays nearer home. Despite all of the above I will still return to my little paradise island in september for three weeks and I cannot wait to get there.
Mauritius forever,
Regards, Gerard