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TAR: What has the Covid-19 pandemic taught us about the Mauritian economy?
Malachy McAllister: Mauritius is very dependent on tourism. We see the ability of the economy to recover but also its vulnerability due to high dependency on a single sector. Mauritius will need to find new sectors and new development models. Financial services have been a major contributor to the economy’s strength. I think business services and business process outsourcing can become another source of growth, given a high proportion of young people with accounting and legal qualifications.
How does the Mauritius International Finance Centre (IFC) compare to other IFCs where you have worked?
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