The legislative amendment has positive repercussions on the ease of doing business in the country. It highlights the capacity of Mauritian authorities to expedite changes in the legal framework. It projects Mauritius as a jurisdiction capable of coming up with avant-gardiste legislation, which allows it to take appropriate, timely and specific actions.
Our banks continue to perform well and have proved to be very resilient. The Global Competitiveness Report 2012–2013 of the World Economic Forum ranks our banking sector 15th out of 144 in terms of the soundness of banks.