Mauritius sees 2016/17 GDP growth at 4.1 pct, fiscal deficit narrowing

Mauritius expects economic growth to climb to 4.1 percent in 2016/17 and sees its fiscal deficit narrowing over the same July-June period, the finance minister said in his budget speech on Friday. Mauritius expects economic growth of 3.90 percent this year from 3.50 percent last year. Finance minister Pravind Jugnauth, who did not say what would drive the surge in growth in 2016/17, said total public spending would stand at 170 billion rupees ($4.8 billion) in the period while revenues would be