Brimming with unexploited potential
Standard Bank expect GDP to hover around 4.0% y/y over the next two years. A meaningful acceleration in growth would probably rely mostly on an improvement in global growth, especially in the Eurozone. By all accounts, the outlook for global growth, and in Europe, is positive. Thus, it seems reasonable that Mauritius’s growth outlook would be biased to the upside, relative to the period since 2011.