During a press conference in Ebène, the Minister of Financial Services and Good Governance, Mr. Soomilduth Bholah, outlined the key achievements in the Financial Services sector and introduced a new Concept Paper, aimed at shaping the future of Mauritius's financial services over the next five years by addressing challenges from emerging African Financial Centres and improving Mauritius's reputation, ease of doing business, and fintech environment.

The Mauritius International Financial Centre (IFC), with over 30 years of experience, contributes significantly to the country’s GDP, accounting for 14% (USD 1.7 billion), with a growth of 4% in 2023, and over 11,000 jobs. As of September 2024, there were more than 13,000 Global Business Companies in Mauritius, with Foreign Direct Investment (FDI) coming through the Financial Services sector, totalling USD 379 million in 2023. The Minister emphasised the advantages of Mauritius, including its strategic location, skilled workforce, and robust.