Bank of Mauritius - Annual Report 2005

According to the Bank of Mauritius' Annual Report 2005, economic performance during fiscal year 2004-05 was characterised by a real GDP growth of 4.1 per cent.

2004-05 also saw a reduction in the budget deficit as a proportion of GDP from 5.4 per cent in 2003-04 to 5.0 per cent in 2004-05, a rise in the consumer price inflation from 3.9 per cent in 2003-04 to 5.6 per cent in 2004-05, an increase in the unemployment rate to 10.4 per cent, a deficit on the current account balance and overall

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