Mauritius 

Mauritius landenbeleid

Mauritius landenbeleid

Beleid vastgesteld op 01 mei 2012

  • Het signaleringsplafond is 300 mln euro
  • - waarvan per 2012-04-30 0 mln euro benut is
  • Open zonder beperkingen

Landenklasse: 3

Mauritius landenrapport

Atradius Dutch State Business Economic Research
Country Report last updated :  13 December 2011
Country :  MAURITIUS 

Political Situation
Government Broke Down

Head of state
President Anerood Jugnauth (since September 2003), PM Navin Ramgoolam (Labour Party, since July 2005).

Form of government
Centre-left coalition of the Labour Party, the Mauritian Social Democrat Party and the Rodrigues Movement (RM), together controlling 41 seats.
 
Member of
UN, IMF, IBRD, AU, SADC, COMESA, WTO, ACP, Commonwealth, Francophonie.


Internal Economic Situation
Decelerating Growth

General situation
Well developed business environment. Traditional key sectors, sugar and textiles are in decline, but these industries are being restructured. The government regards tourism, seafood, financial service, shipping and ICT and business outsourcing as growth sectors. Given Mauritius well developed institutions and infrastructure, natural beauty, bilingualism (English, French) and cultural ties to Africa, India and China, the country is rather well placed to gain from this strategy. Economic growth is expected to decelerate next year to 3.5% due to stagnating demand from Europe, a stagnating sugar industry (in spite of reforms). Ongoing investment in infrastructure, onshore seafood production and a buoyant economy in India keep growth figures in the black. 
  
 
External Economic Situation
Large Current Account Deficits

Main sources of foreign exchange
Textiles, sugar, fish, tourism and financial services.

Main foreign markets
EU (66% of exports, UK 26%, France 13%), US (10%), Africa (9%, Madagascar 6%), UAE (9%). 

Main expenses of foreign exchange
Capital goods, food, oil.
 
Balance of payments 
Net portfolio outflows due to investments of Mauritian pension funds, capital account is supported by FDI and foreign bank loans

 

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Oscar Boot
Underwriter Africa
Tel: + 31 (0)20 553 3189
Email: oscar.boot@atradius.com