- January 23, 2026
- Posted by: admin
- Category: News
Mauritius’ latest economic picture shows steady but moderate growth, inflation easing within target, and a focus on fiscal consolidation plus new initiatives in digital and “blue/green” sectors.
Growth and outlook
• Recent data point to GDP growth around 4.9% in 2024, with projections in the 3–4% range toward 2026 as tourism and financial services remain key drivers.
• The World Bank and other forecasters see growth stabilizing near 3.4% in 2026–2027, with poverty gradually declining if reforms and investment continue.
Inflation and interest rates
• Headline inflation eased to about 4–4.5% in late 2025, within the central bank’s 2–5% target range and expected to trend toward roughly 3.6–3.7% in 2026.
• The Bank of Mauritius has kept its key repo rate at 4.5%, citing the need to anchor expectations while inflation normalizes and global uncertainty remains elevated.
Fiscal policy and budget
• The 2025/26 national budget is built on economic renewal, fiscal consolidation, and a new social order, aiming to strengthen resilience and productivity.
• The budget deficit is projected to narrow from about 9.8% of GDP to 4.9% in 2025/26 and further toward roughly 1–2% by 2027/28.
Key sectors and investment themes
• Government priorities include tourism, financial services, renewable energy, the ocean (“blue”) economy, ICT, and pharmaceuticals, with medium term GDP growth targeted around 3.5–4.5%.
• New initiatives highlight Mauritius as a regional hub, including efforts to attract FDI and position the country in sustainable finance and the wider Africa–Asia economic corridor.
Latest structural and “green/blue” developments
• Recent commentary emphasizes investment opportunities in Mauritius’ green and blue economy, tying together climate resilience, marine resources, and tourism.
• Policy documents and outlook reports underline the need to manage risks from global slowdown, tariffs, and climate change while leveraging stronger tourism and trade agreements
