Sector Review
Financial Services
The Government has listened to our operators, especially on the sustainability front! It is however disappointing that the budget remains silent on the immigration policy and the regulation of the informal sector for the hospitality sector.
Hospitality, Manufacturing & SME
We applaud the push for greater food self-sufficiency and re-cultivation of lands but there is no measure of note for the frail sugar industry. The measures for the small cane planters are band-aids which will not stem the flow. We wait with bated breath the strategic options of the World Bank for the sugar industry. Hopefully, we will not have run out of time by then.
Agri-Business & Real-Estate
By diversifying our product offering and strengthening the regulatory framework, we are moving in the right direction to position the Mauritius IFC and implementation of the Blue Print. However, the measures around attracting foreign talents and developing local resources remain quite vague.
Public Sector
A number of measures have been announced, some carried over from the previous budget. The key to success will be the ability to realise them and generate the productive capacity we desire.
Information and Communications Technology (ICT)
It is encouraging to see that Government is embracing technology to bring the much needed improvement in efficiency and quality of services to the citizens. The measures announced around capacity building and Fintech will increase the country’s attractiveness to investors as well as address job creation.
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