SEM - Stock Exchange of Mauritius
The Stock Exchange of Mauritius is a private limited company with 40 different countries listed, ten of which are quoted due to their debentures. The stock exchange puts these companies into 7 categories, that being Banks and Insurance, Sugar, Industry, Commerce, Investments, Leisure & Hotels and Transport.
In 1993 the Gross National Product was worth USD $3,309,000,000 with a total Public debt of USD $884,000,000. Imports into the country for the same year were MauRs 30,319,000,000 with Exports being a total of MauRs 22,992,000,000. Mauritius's main trading partners include United Kingdom, United States of America and other EU countries. The main primary products of Mauritius are made up of fish, sugar cane, potatoes, tea and tobacco. Some of the companies that are listed with the Mauritius Stock exchange is Air Mauritius Limited, Fincorp Investments limited, IPRO Growth Fund Limited, Automatic system limited and Boyer Allan India Fund inc.
The main industries within the country are made up of Agriculture, Rum Distilling, Diamond Cutting, Sugar Processing, Clothing, Electronic Equipment, Molasses, Textiles, Fertilizers and Tourism. The main exports that Mauritius sends out to its trading partners are Clothing, Canned Tuna, Rum, Textiles Yarns, Fabrics and Sugar.
Since Mauritius gained its independence in 1968, it has grown from a low-income, agriculturally based economy to a more middle-income diversified economy with a steady growth in the financial, tourist and industrial sectors. The annual growth of the country has been between 5- 6% for majority of the time, which is quite outstanding. Due to this achievement there has been a more just income distribution and with that a higher life expectancy, a more improved infrastructure and a lower infant mortality.
Ninety percent of the cultivated land is used for sugarcane and amounts to 25% of all export earnings. The entire 2006 Gross Domestic Product's purchasing power parity came to a total $16.72 billion where as the official GDP exchange rate came to $7.135 billion. The GDP real growth rate for 2006 was approximately 4.3% and the GDP, per capita was $13,500 for the year. The GDP is made up mainly of three sectors, that being agriculture, industry and services.
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