1. Mauritius is in an economic boom (2024). His justification in August 2025 is that we've clipped growth rates higher than 5% for the preceding three years. The only reason we've clipped these growth rates is, as the following chart pulled from WTVF shows, that the economy has been rebounding from the nearly 15% contraction caused by Covid in 2020. We should also note that Mauritius has been one of the last countries in the world to get back to its pre-Covid levels of activity.
Sunday, August 10, 2025
Thursday, August 07, 2025
Bérenger Statements That Don't Survive A Fact-Check
1. I'm the real father of the economic miracle (2019). Something Ramgoolam acknowledged in parliament a few weeks ago. The problem with this statement is that Bérenger was Finance Minister for only nine months as from June 1982 and alliance partners spent a lot of their time fighting each other which left very little time to hatch such a miracle. Plus Bérenger returned as FM between 2000 and 2003 during which time he presented not one but three budgets. We know what one of his colleagues had to say about the economy back then. And that there are problems with this notion of economic miracle.
2. Mauritius is the best managed country in the world (2003). That's what Bérenger repeated several times when he was PM. You need to wonder which yardsticks he was using to arrive at such a conclusion.
Friday, January 17, 2025
Subscribe to:
Posts (Atom)
