Need for new think-tanks

            At a round table  meeting  in the last week of August  at the Link, Ebene on « Appropriate monetary and fiscal policies for export-led growth », organised by  Mauritius Export Association (MEXA),  “les bons techniciens” of the Ministry of Finance and Economic Development (MOFED) were arguing that  there were no cause for alarm  and that we could continue with business as usual.

Titbits: The MedPoint Scam; Appreciating Rupee: The Dutch Disease;The Monetary Policy Stance: A Pause; MTPA: Failing to deliverThe Public Expenditure and Financial Accountability (PEFA) assessment report for Mauritius

The MedPoint Scam: Flouting the rules

If the officials of the concerned ministries had abided to the guidelines/rules of the Investment Project Process Manual (IPPM) issued in accordance with the Finance and Audit Act 2008, there would not have been any scandal whatsoever. The IPPM aims at organizing the Investment Project Process by developing a single window system for project approval and establishing best practices for investment expenditure in the Budget.