Growth: Mixed Results

The September update of the National Accounts published by Statistics Mauritius indicates that the economic growth for 2025 is projected to be 3.1%. Excluding the downturn caused by Covid-19 in 2020, this is the second lowest growth rate in the past 25 years; 2019 saw a growth of 2.9%. This figure is notably lower when compared to the growth rates of Sub-Saharan Africa (4.1%) and Emerging and Developing Asia (5.2%), raising concerns about whether the economy is resilient enough to support higher growth. This lackluster performance...