Economist Rajeev Hasnah Foresees Economic Impact of Israel/Hamas Conflict on Mauritius

Economist Rajeev Hasnah discusses the potential economic impacts of the Israel/Hamas conflict on Mauritius.

He predicts possible inflationary pressures and a slowdown in growth due to Mauritius’ close integration into the global economy.

The conflict has caused macroeconomic instability worldwide, affecting exchange rates and oil prices.

Hasnah emphasizes the importance of maintaining a stable monetary policy and effective exchange rate management to mitigate inflation.

He also comments on the impact of fuel pricing policies on inflation and criticizes heavy taxation on fuel.

Additionally, Hasnah addresses the Bank of Mauritius’ intervention in the foreign exchange market and its implications for the rupee’s value.

He highlights the significance of achieving projected growth rates for a robust economic recovery.

Finally, Hasnah reflects on the year’s economic progress, noting positive signs of recovery but also highlighting areas that require further attention.

Source: Defi Media