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The government has signalled its intent to diversify the economy, particularly in tourism.
Finance Minister Davendranath Tancoo said targets have been set to increase tourism’s contribution to GDP from the current 6% to 12%.
“To achieve this, we are moving beyond the tunnel vision of those on the other side who focused only on visitor arrivals by placing greater emphasis now on visitor value, investment, foreign exchange generation and international competitiveness.”
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