The Mauritian economy is once again buffeted by a major external shock, this time by the euro zone crisis. Once more, and in a relatively short span of time, Mauritius is called upon to demonstrate its capacity to respond effectively, to adapt its policies and even to rethink its strategies.
The country is well positioned to respond. The economy has already shown a considerable degree of resilience and has built an environment already conducive to dynamic entrepreneurial activity. Our institutional advantages have been noticed by international investors who have responded positively to our transparent and well defined investment code and legal system. Taxation is competitive and efficient and our economy is increasingly diversified with significant private sector investment in sugar, tourism and hospitality, export processing, financial services, ICT, seafood and knowledge based centres.
This positions us well to emerge even stronger from the impact of the Eurozone and UK crisis provided we act with the same collective ....
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