During the same period, though lesser than that for dinar loans, a decline was recorded for interest rates on euro loans (by 2.8 pp, to 4.4% in December), which is by all means due to the European Central Bank’s monetary accommodation and the consequent fall in EURIBOR.
Mauritius fared well among middle-income countries, with GDP growth above 4% this year, or slightly below the trend rate of the pre-crisis decades. We reinforced our regional and international positions in a number of global rankings which I would have happily walked you through, but for the pressure of time.