Mauritius set to become a sophisticated and attractive financial centre, says Prime Minister

Mauritius continues to play a strategic role as a trusted and fully compliant international financial centre. Government has taken bold and proactive measures and is continuously devising new policies to further transform Mauritius into a sophisticated and attractive financial centre.

At the opening session of the two-day “Mauritius International Financial Centre – Forward Looking” Conference, Prime Minister Pravind Jugnauth highlighted that important progress has been achieved since key reforms were announced in Budget Speech 2018-2019. This, he underlined, demonstrates the importance that all stakeholders attach to our Financial Services sector, which remains one of the pillars of the country’s economy.

He underscored that Government is fully committed to bring Mauritius into the league of high income countries, thus translating essential benefits to each and every citizen of this country. This, he stated, is already reflected in the positive changes noted in the main economic indicators. The country’s Gross Domestic Product is forecast to grow by 4.1% in 2018-2019, with financial services growing at a comparatively faster rate of 5.5% as compared to other traditional and emerging sectors, he pointed out.

 

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