Inflation Expected Below 4% this Year 2025

Prime Minister Navin Ramgoolam said Tuesday, 15th July, that inflation this year should stay below 4%. He made the statement during a debate in Parliament, answering a Private Notice Question from opposition leader Joe Lesjongard.

The question focused on inflation and the rupee’s decline against foreign currencies.

Ramgoolam criticized what he called the “poor economic management” of the previous government.

The Prime Minister pointed out that Rs 180 billion was injected into the market through the Mauritius Investment Corporation, which he said caused excess liquidity.

Source: Defi Media