{"id":29838,"date":"2023-05-23T11:48:00","date_gmt":"2023-05-23T11:48:00","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality"},"modified":"2023-05-23T11:48:00","modified_gmt":"2023-05-23T11:48:00","slug":"a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality","title":{"rendered":"\u201cA robust growth and economic development is unlikely to be a reality"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>Economist Rajeev Hasnah\u2019s take is that Mauritian economy, through a built-up resilience, has allowed the Ministry of Finance to navigate the Covid and ongoing Ukraine crisis, although by means focusing on the short-term through the printing of Rs 140 billion, which is an amount higher than the country\u2019s broad money supply in 2019 itself. Further, the increase in public debt to Rs 484 billion in March 2023 from Rs 327 billion in December 2019, an inflation rate hovering close to 10%, an ageing population and a projected increasing government spending in both debt servicing and social benefits as well as other infrastructural projects, will impact the medium-term and long-term economic outlook of the country.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mauritius\">Mauritius<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. Economist Rajeev Hasnah\u2019s take is that Mauritian economy, through a built-up resilience, has allowed the Ministry of Finance to navigate the Covid and ongoing Ukraine crisis, although by means focusing on the short-term through the printing of Rs 140 billion, which is an amount higher than the country\u2019s broad money supply in [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":29837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,245,241],"class_list":["post-29838","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-mauritius","tag-mauritius"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>\u201cA robust growth and economic development is unlikely to be a reality - Mauritius<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cA robust growth and economic development is unlikely to be a reality\" \/>\n<meta property=\"og:description\" content=\"Africa-Press &#8211; Mauritius. Economist Rajeev Hasnah\u2019s take is that Mauritian economy, through a built-up resilience, has allowed the Ministry of Finance to navigate the Covid and ongoing Ukraine crisis, although by means focusing on the short-term through the printing of Rs 140 billion, which is an amount higher than the country\u2019s broad money supply in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-23T11:48:00+00:00\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"\u201cA robust growth and economic development is unlikely to be a reality\",\"datePublished\":\"2023-05-23T11:48:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\"},\"wordCount\":133,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/05\/Beigi1684829937.862424.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/a-robust-growth-and-economic-development-is-unlikely-to-be-a-reality\",\"name\":\"\u201cA robust growth and economic development is unlikely to be a reality - 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