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PNQ on the Middle East War: Navin Ramgoolam Warns of Possible Consequences

PNQ on the Middle East War: Navin Ramgoolam Warns of Possible Consequences

The ongoing war in the Middle East could have direct repercussions on Mauritius' economy, Prime Minister Navin Ramgoolam stated in Parliament on Tuesday, March 17. He was responding to a Private Notice Question (PNQ) from opposition leader Joe Lesjongard on this topic.

Lesjongard asked if the government had assessed the impact of this crisis on the Mauritian economy, particularly in the areas of energy, food security, and social stability.

In his response, Ramgoolam warned of a potential downward revision in economic growth, which could drop from 3.4% to 3.2%, or even below 3% if the conflict continues.

The Prime Minister also highlighted that the country might face a decrease in tourist numbers, an increase in food import bills, and rising costs for petroleum products. According to his estimates, the inflation rate could reach 6%.

Despite these forecasts, the government does not plan to implement the "Inflation Top-up" allowance proposed by the opposition leader.

Another announcement made by Navin Ramgoolam was the establishment of a High Level Committee to monitor the situation's developments.

In this context, Joe Lesjongard questioned the relevance of having a full-time Minister of Finance, reigniting the debate on the country's economic management.

A report by Ashna Nuckcheddy-Rabot.

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