Mauritius economy seen expanding 3.8 pct in 2016: IMF

PORT LOUIS (Reuters) - The economy of Mauritius is expected to expand by 3.8 percent this year and 3.9 percent in 2017, broadly in line with the country's own forecasts, the International Monetary Fund said on Friday. The IMF said in a statement that it encouraged authorities to strengthen macroeconomic and financial sector resilience and pursue structural reforms to raise productivity and growth. Data published by the IMF showed the Indian island economy would expand by 3.9 percent in 2017 and