Mauritius National Budget 2023-24: Wiring sustainable progress
In sharp contrast to the budgets presented by the present government over the past 2 years, the 2023-2024 budget speech of the Finance Minister has been marked by a sensation of renewed optimism, bullish outlooks on our growth trajectory and a welcomed dose of socialist measures for the population. Till now, Mauritius has been capable to hoist itself out of the challenges posed by the Covid pandemic as well as the ongoing Russo-Ukrainian conflict by engaging in appropriate measures to ring-fence the country against enduring damages to the economy.
With a GDP growth hovering above 8%, a substantial increase in FDI, a declining unemployment rate, we are comforted that 2022-23 has thrusted the country back to pre-pandemic levels and has allowed us to build a resilient base to advance our progress as a strong economy and a reliable International Financial Centre for the global community.
Click here to read more
Established in 1999, Intercontinental Trust Limited (ITL) provides a plethora of financial and fiduciary services to a diversified client base including private equity firms, real estate multinationals, financial institutions, investment managers and high-net-worth individuals among others.
ITL is located in Ebene, the financial centre of Mauritius and has offices in Singapore, Seychelles and representative offices in South Africa and Kenya.