Increase in FDI recorded in 2023Q1

Preliminary Gross Direct Investment flows for the first quarter 2023, published by the Bank of Mauritius were estimated at Rs7,236 million as compared to Rs5,246 million in 2022Q1, representing an increase of 38%. Figures for 2023Q1exceeded pre-pandemic levels, triggered by bold policy reforms undertaken by the Government to enhance the economic competitiveness and the ease of doing business in the country as well as the rise in confidence of investors in key sectors.