Mauritius : The New Economic Agenda and Fiscal Sustainability
The new Government of Mauritius drafted the New Economic Agenda (NEA), a five-year reform framework to develop Mauritius into a high-income, high-tech service and knowledge economy. First, the Agenda focuses on improving the environment for the pri...
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| Format: | Public Expenditure Review |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/06/4962025/mauritius-new-economic-agenda-fiscal-sustainability http://hdl.handle.net/10986/15688 |
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okr-10986-156882021-04-23T14:03:17Z Mauritius : The New Economic Agenda and Fiscal Sustainability World Bank AGRICULTURE ALLOCATION OF RESOURCES BANK OF MAURITIUS BENCHMARKS BUDGET MANAGEMENT CAPITAL EXPENDITURES CENTRAL BANK CENTRAL GOVERNMENT CITIZENS CIVIL SERVICE COMPETITIVENESS CURRENT EXPENDITURES DEBT MANAGEMENT DEBT SERVICE DECISION-MAKING DEFICITS DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EXCHANGE RATE EXPENDITURE EXPENDITURE MANAGEMENT EXPENDITURE REFORM EXPENDITURES EXPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL FISCAL DEFICIT FISCAL DEFICITS FISCAL PRESSURE FISCAL SUSTAINABILITY FISCAL YEAR FREE TRADE GDP GLOBAL INTEREST GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT POLICIES GROWTH RATE HOUSING HOUSING SUBSIDIES INCOME INCOME GROUPS INDUSTRIALIZATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL ENVIRONMENT LABOR FORCE LIQUIDITY LOAN GUARANTEES MACROECONOMIC STABILITY PARASTATAL SECTOR PARASTATALS PENSIONS PER CAPITA INCOME PRICE CONTROLS PRIVATE SECTOR PRODUCERS PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC MANAGEMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC RESOURCES PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR DEFICIT PUBLIC SECTOR WAGES REVENUE REVENUE COLLECTION SAVINGS SOCIAL CAPITAL SOCIAL SECTOR SOCIAL SECTOR EXPENDITURES SOCIAL SECTORS SOCIAL WELFARE SURCHARGES TAX TAX EXEMPTIONS TAX EXPENDITURES TAX INCENTIVES TAX POLICY TAX REVENUES TAXATION TRANSPORT UNEMPLOYMENT UNEMPLOYMENT RATES UTILITIES WELFARE SYSTEM FISCAL SUSTAINABILITY POLICY DEVELOPMENT PUBLIC FINANCE MANAGEMENT ECONOMIC MANAGEMENT INSTITUTIONAL FRAMEWORK GROSS DOMESTIC PRODUCT POLITICAL STABILITY FISCAL MANAGEMENT PRIVATE SECTOR SUGAR TEXTILES WELFARE CIVIL SERVICE GOVERNMENT EXPENDITURES EXPORT MARKETS INVESTMENTS SOCIAL SECTORS BUDGET MANAGEMENT FISCAL DEFICITS The new Government of Mauritius drafted the New Economic Agenda (NEA), a five-year reform framework to develop Mauritius into a high-income, high-tech service and knowledge economy. First, the Agenda focuses on improving the environment for the private sector, particularly given the existing challenges to Mauritius' traditional export markets. Second, the Agenda outlines heavy investments in the social sectors in order to improve skills of the working population, better meet the needs of an aging population, and more effectively help the most marginalized in society. Third, the NEA emphasizes steps to alleviate the multiple pressures on Mauritius' fragile environment, stemming from the hotel and textile industry but also from deficient sewerage in private housing. In the Agenda, the Government commits to reducing the overall fiscal deficit to about 3 percent of GDP by the end of its mandate in 2005/6. Further, the program outlines measures to improve budget management by prioritizing expenditures to meet NEA objectives and to gradually eliminate quasi-fiscal activities. The government is committed to undertake the proposed transformation of its public expenditures without endangering the stability of the public sector and the economy. 2013-09-05T21:11:36Z 2013-09-05T21:11:36Z 2004-06-30 http://documents.worldbank.org/curated/en/2004/06/4962025/mauritius-new-economic-agenda-fiscal-sustainability http://hdl.handle.net/10986/15688 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Public Expenditure Review Economic & Sector Work Africa Mauritius |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
AGRICULTURE ALLOCATION OF RESOURCES BANK OF MAURITIUS BENCHMARKS BUDGET MANAGEMENT CAPITAL EXPENDITURES CENTRAL BANK CENTRAL GOVERNMENT CITIZENS CIVIL SERVICE COMPETITIVENESS CURRENT EXPENDITURES DEBT MANAGEMENT DEBT SERVICE DECISION-MAKING DEFICITS DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EXCHANGE RATE EXPENDITURE EXPENDITURE MANAGEMENT EXPENDITURE REFORM EXPENDITURES EXPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL FISCAL DEFICIT FISCAL DEFICITS FISCAL PRESSURE FISCAL SUSTAINABILITY FISCAL YEAR FREE TRADE GDP GLOBAL INTEREST GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT POLICIES GROWTH RATE HOUSING HOUSING SUBSIDIES INCOME INCOME GROUPS INDUSTRIALIZATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL ENVIRONMENT LABOR FORCE LIQUIDITY LOAN GUARANTEES MACROECONOMIC STABILITY PARASTATAL SECTOR PARASTATALS PENSIONS PER CAPITA INCOME PRICE CONTROLS PRIVATE SECTOR PRODUCERS PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC MANAGEMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC RESOURCES PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR DEFICIT PUBLIC SECTOR WAGES REVENUE REVENUE COLLECTION SAVINGS SOCIAL CAPITAL SOCIAL SECTOR SOCIAL SECTOR EXPENDITURES SOCIAL SECTORS SOCIAL WELFARE SURCHARGES TAX TAX EXEMPTIONS TAX EXPENDITURES TAX INCENTIVES TAX POLICY TAX REVENUES TAXATION TRANSPORT UNEMPLOYMENT UNEMPLOYMENT RATES UTILITIES WELFARE SYSTEM FISCAL SUSTAINABILITY POLICY DEVELOPMENT PUBLIC FINANCE MANAGEMENT ECONOMIC MANAGEMENT INSTITUTIONAL FRAMEWORK GROSS DOMESTIC PRODUCT POLITICAL STABILITY FISCAL MANAGEMENT PRIVATE SECTOR SUGAR TEXTILES WELFARE CIVIL SERVICE GOVERNMENT EXPENDITURES EXPORT MARKETS INVESTMENTS SOCIAL SECTORS BUDGET MANAGEMENT FISCAL DEFICITS |
| spellingShingle |
AGRICULTURE ALLOCATION OF RESOURCES BANK OF MAURITIUS BENCHMARKS BUDGET MANAGEMENT CAPITAL EXPENDITURES CENTRAL BANK CENTRAL GOVERNMENT CITIZENS CIVIL SERVICE COMPETITIVENESS CURRENT EXPENDITURES DEBT MANAGEMENT DEBT SERVICE DECISION-MAKING DEFICITS DEVELOPMENT POLICIES DEVELOPMENT STRATEGY ECONOMIC DEVELOPMENT ECONOMIC GROWTH ELECTRICITY EXCHANGE RATE EXPENDITURE EXPENDITURE MANAGEMENT EXPENDITURE REFORM EXPENDITURES EXPORTS FINANCIAL SECTOR FINANCIAL SERVICES FISCAL FISCAL DEFICIT FISCAL DEFICITS FISCAL PRESSURE FISCAL SUSTAINABILITY FISCAL YEAR FREE TRADE GDP GLOBAL INTEREST GOVERNMENT DEBT GOVERNMENT EXPENDITURES GOVERNMENT LEVEL GOVERNMENT POLICIES GROWTH RATE HOUSING HOUSING SUBSIDIES INCOME INCOME GROUPS INDUSTRIALIZATION INSTITUTIONAL FRAMEWORK INTEREST RATES INTERNATIONAL ENVIRONMENT LABOR FORCE LIQUIDITY LOAN GUARANTEES MACROECONOMIC STABILITY PARASTATAL SECTOR PARASTATALS PENSIONS PER CAPITA INCOME PRICE CONTROLS PRIVATE SECTOR PRODUCERS PROFITABILITY PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE REFORM PUBLIC EXPENDITURES PUBLIC FINANCE PUBLIC MANAGEMENT PUBLIC PRIVATE PARTNERSHIPS PUBLIC RESOURCES PUBLIC REVENUES PUBLIC SECTOR PUBLIC SECTOR DEFICIT PUBLIC SECTOR WAGES REVENUE REVENUE COLLECTION SAVINGS SOCIAL CAPITAL SOCIAL SECTOR SOCIAL SECTOR EXPENDITURES SOCIAL SECTORS SOCIAL WELFARE SURCHARGES TAX TAX EXEMPTIONS TAX EXPENDITURES TAX INCENTIVES TAX POLICY TAX REVENUES TAXATION TRANSPORT UNEMPLOYMENT UNEMPLOYMENT RATES UTILITIES WELFARE SYSTEM FISCAL SUSTAINABILITY POLICY DEVELOPMENT PUBLIC FINANCE MANAGEMENT ECONOMIC MANAGEMENT INSTITUTIONAL FRAMEWORK GROSS DOMESTIC PRODUCT POLITICAL STABILITY FISCAL MANAGEMENT PRIVATE SECTOR SUGAR TEXTILES WELFARE CIVIL SERVICE GOVERNMENT EXPENDITURES EXPORT MARKETS INVESTMENTS SOCIAL SECTORS BUDGET MANAGEMENT FISCAL DEFICITS World Bank Mauritius : The New Economic Agenda and Fiscal Sustainability |
| geographic_facet |
Africa Mauritius |
| description |
The new Government of Mauritius drafted
the New Economic Agenda (NEA), a five-year reform framework
to develop Mauritius into a high-income, high-tech service
and knowledge economy. First, the Agenda focuses on
improving the environment for the private sector,
particularly given the existing challenges to
Mauritius' traditional export markets. Second, the
Agenda outlines heavy investments in the social sectors in
order to improve skills of the working population, better
meet the needs of an aging population, and more effectively
help the most marginalized in society. Third, the NEA
emphasizes steps to alleviate the multiple pressures on
Mauritius' fragile environment, stemming from the hotel
and textile industry but also from deficient sewerage in
private housing. In the Agenda, the Government commits to
reducing the overall fiscal deficit to about 3 percent of
GDP by the end of its mandate in 2005/6. Further, the
program outlines measures to improve budget management by
prioritizing expenditures to meet NEA objectives and to
gradually eliminate quasi-fiscal activities. The government
is committed to undertake the proposed transformation of its
public expenditures without endangering the stability of the
public sector and the economy. |
| format |
Economic & Sector Work :: Public Expenditure Review |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Mauritius : The New Economic Agenda and Fiscal Sustainability |
| title_short |
Mauritius : The New Economic Agenda and Fiscal Sustainability |
| title_full |
Mauritius : The New Economic Agenda and Fiscal Sustainability |
| title_fullStr |
Mauritius : The New Economic Agenda and Fiscal Sustainability |
| title_full_unstemmed |
Mauritius : The New Economic Agenda and Fiscal Sustainability |
| title_sort |
mauritius : the new economic agenda and fiscal sustainability |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/06/4962025/mauritius-new-economic-agenda-fiscal-sustainability http://hdl.handle.net/10986/15688 |
| _version_ |
1764428798919442432 |