STRUCTURAL TRANSFORMATION OF THE MAURITIAN ECONOMY: 1960S - BEYOND 2000

Introduction

This exposé covers

First, the past: a quarter of a century of our economic history.

Second, the present: the challenges and opportunities at the dawn of the beckoning millennium.

And last, beyond 2000 will offer some snapshots of our vision and the different pathways and bridges to this vision.

Managing Transition in Economic Development

Ladies and Gentlemen, let me first of all dwell on development before we discuss the management of the transition process.  The whole development landscape has been transformed presenting policymakers with new challenges at both global and local levels.  

An Implementation Strategy for MTEF

Background

​The budget preparation process in Mauritius has been subject to certain criticism as it is particularly ill-equipped to engage in good strategic planning.  It does not allow Government to effectively evaluate its earlier measures, rethink its key policy objectives and prioritise expenditures in the best possible way.  In the Public Expenditure Note of 1999, the World Bank noted that   "… the modalities of budget preparation are anachronistic, and not conducive to strategic thinking and consensus building about results and objectives."