A country$$s financial sector is regarded as the backbone of the economy. The higher the level of development of this sector, the better opportunities investors have, and therefore, the higher the potential for development. In light of this statement, discuss the financial sector of Mauritius.

While this is your assignment, feel free to bring your own critical perspective of the sector. You may wish, however, to consider the following aspects:

$1.$ The contribution and evolution of this sector in the economy

$2.$ A critical assessment of the breadth and depth of the industries within the sector

$3.$ The soundness and structure of the regulatory framework