Friday, January 7, 2011

Economy Could Grow By Only 2% in 2011

Or about half the current forecast of 4.2% because of how dumb we've become managing things in general and water in particular. See Minister Beebeejaun is saying that we are facing a 1-in-40 year drought which is exactly what the authorities said to us in 1999 when lower than usual rainfall cut economic growth by 50%.

True the Midlands dam came to life in 2003 but we have to remember that our economy has grown by a third since then. And I don't think it's possible at all to shower with the Mo Ibrahim Index rankings.

5 comments:

  1. Ahhh, all of this is not important I tell you, what counts is that our PM is first in Africa and both the PM and Deputy PM have an easy ride from and to work by forcing other road users on the roadside....doesn't matter if it endangers people's life.

    I was a victim of this recently.....I was just about almost nearing the Jumbo roundabout and ouuf I had a policeman on motorcycle overtaking me and signalling that I pullover....until I realised that I was supposed to slow down and squeaze myself howver I could.

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  2. Mo rapelle bien, ramgoolam ti dire ki deputy PM li un 'sage', li toujours enan bon conseille pou donne etc etc.

    mo sur vpm capave faire la pluie tomber, li un sage, bon dieu pou ecoute li bientot

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  3. If I'm not mistaken, in 1999, there were riots following one of the worst droughts of modern Mauritius (by the way, for those who like hiking: this is actually the best weather that can allow you to actually climbing all the seven falls of 7-cascades!). This followed racial riots of 1970's, which (strangely enough) followed a record dry spell.
    Now, in 2010-2011, we are facing another record dry spell... anymore riots to come?
    Maybe the economic 'model' is in fact an air ticket to the nearest airport for the richest and 6m-high, barbed-wire wall surrounding the property of the remainder who can afford it when the smoke starts rising from burning tyres...

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  4. Thanks for the tip Akakugo. Funny enough we were discussing about how water cuts bring us closer to a rupture point in the week-end...

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  5. Congrats Dodoland, you've managed to cling to the number one spot on MI-index again!

    But still that prize can't find a decent taker: Navin can't because of strict conditions, but also probably due to Navin's prolonged absence these days, and the obsession with taking shortcuts to South Africa and Congo through... London!

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