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Economic recovery: Establishment of a Joint Public-Private Committee in Mauritius

07/07/2021
Categories: Economy/Forex

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The Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy, announced the establishment of a Joint Public-Private Committee in Mauritius. It was during an interactive session with the captains of the private sector and representatives of public institutions at the Hennessy Park hotel, in Ebene.

A Joint Public-Private Committee will be set up with the aim of institutionalizing exchanges between the public and private sectors. The committee will meet every three months to follow up on the issues they face. This initiative of the Ministry of Finance and the Economic Development Board (EDB), is part of the government's strategic vision to strengthen public-private dialogue in relation to the challenges of COVID-19. In addition, the Minister indicated that the vast vaccination campaign in the country, and the upcoming reopening of the borders on July 15, 2021 and October 01, 2021, are key factors in sustaining the economic recovery plan. The visit of Financial Action Task Force (FATF) officers to Mauritius will be another important element for the country to be removed from the list of jurisdictions under heightened scrutiny, he added. Renganaden Padayachy also dwelt on the measures of the 2021-2022 Budget which, according to him, will help stimulate investment in the country, and support the transformation and modernization of industries in order to generate more jobs.

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