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Mauritius is controlling spending to offset the fiscal impact of the UK announcing it won’t implement a treaty handing the Chagos Islands to Mauritius without the support of the US.
Diego Garcia, one of the Chagos Islands, has been a UK and US airbase since the 1960s - Getty Russia has pushed for Mauritius to take control of the Chagos Islands from Britain. Moscow’s support for the African island nation’s claim to the British Overseas Territory stemmed from its opposition to colonialism,
Seychelles’ president on Thursday reaffirmed full support for Mauritius in its efforts to restore sovereignty over the Chagos Archipelago, according to an official statement. President Patrick Herminie also welcomed Mauritius' assurances that Seychellois Chagossians would be treated equally in compensation benefits due to Chagossians under the terms of the transfer agreement,
The risk of a downgrade by ratings agency Moody’s and the possibility of Mauritius being included on a regional Southern and Eastern Africa anti-money laundering grey list also contributed to his decision.
In 2019, after a campaign by Mauritius in the UN general assembly, the International Court of Justice found that The UK’s retention of the Chagos islands as a colony was unlawful, and it was obliged to end the colonisation “as rapidly as possible”.
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Mauritius has long punched above its weight economically. From sugarcane to textiles, tourism to financial services, the country has reinvented itself multiple times — a small island that turned its geographic isolation into an opportunity rather than a ...
Mauritius offers more than turquoise waters, featuring volcanic peaks, sacred lakes, and diverse cultural heritage reflecting Indian, African, Chinese, and European influences.
Mauritius has adhered to the IMF’s Special Data Dissemination Standard (SDDS) Plus, the highest tier of the IMF’s Data Standards Initiatives. It is the first country in Africa and the 32nd country globally to achieve this milestone in data transparency.