(Reuters) - Mauritius is adjusting to the decline in its dominant textiles industry but inflation is still too high, the IMF said Tuesday, adding that the country's central bank should raise interest rates again if warranted.
"While inflation needs to be reduced, and the current account deficit and public debt remain large, (IMF) Directors considered that the economy is on the right track," the International Monetary Fund said in a regular assessment.
Read more at Reuters Africa
"While inflation needs to be reduced, and the current account deficit and public debt remain large, (IMF) Directors considered that the economy is on the right track," the International Monetary Fund said in a regular assessment.
Read more at Reuters Africa
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