Business
Financial Services Sector Drives GDP Growth, Employing over 15,000 Workers
The financial services sector in Mauritius has emerged as the second-largest contributor to the country’s Gross Domestic Product (GDP), accounting for 14% of the total.
This sector also directly employs more than 15,000 individuals.
These statistics were highlighted by Minister of Financial Services and Good Governance, Mahen Kumar Seeruttun, during the 10th anniversary celebration of Exinity Ltd, a global FinTech business.
Minister Seeruttun praised the confidence shown by international players, including Exinity Ltd, in operating on the island, attributing it to the effective frameworks and regulatory environment in Mauritius.
He also spoke on the government’s commitment to ensuring ease of doing business, adapting to global developments, and promoting technology-enabled financial services solutions (FinTech).
Source: Cabinet Papers