 The four pillars of the Mauritian economy |
The four pillars of the Mauritian economy are: Sugar, tourism, textiles and the financial sector. All these sectors are doing quite well although there are signs that 1999 would be hard and that the Mauritian economy would have to struggle relentlessly in order to resist the effects of the world recession as a whole. The Mauritian government is working to promote trade in joint collaboration with the private sector, there is no reason to think that the country will not go ahead according to its middle and long term plan to make Mauritius the regional financial centre for this part of the world together with Madagascar and various African countries.
| As an economist, Mr. Pierre Dinan, the Chairman of the MEF , thinks that «the development of Mauritius as a financial hub fits in with our long term strategy, of opening up to the world, of widening our horizon, of strengthening regional co-operation. In this sense, for a small local market, this outward looking strategy is akin to that adopted at the creation of the Export Processing Zone in the early seventies». |
