Mauritius’ central bank maintained the key rate at 4.5%, noting the ongoing impact of previous hikes. Inflation is expected to decrease to 4.9% by the end of 2024. The economy, which grew 7.3% in Q4 2023, is projected to expand by about 6.5% in 2024, supported by infrastructure projects and tourism. With reserves at USD 7.2 bln, providing over 11 months of import cover, Mauritius has a robust buffer against external shocks.