May nek apply ban mézurs ki FMI fin rékomandé, a la résilta !
The main culprits are the Junior Minister, the advisers and the still actor/acting FS.
Zot fin réussi rélev ban cadav politiks kuma Jugnauth, Padayachy, ek Obeegadoo , ban irresponsabs ki fin détruir nou lékonomi !
Kuma ban top economists fin dir " ki fer pé fokaliz zis lor dépans pansyon "
ti capav xplor osi ban lot mézurs pou réduir ban other expenditures ek explor ban other taxes kuma property taxes …
Ki fer zot fin suiv FMI à la lettre ; please check the IMF Art IV 2025 report shown below .
If we want to succeed in our fiscal consolidation programme , we need a new team - a team that will , first of all , ensure the credibility of our figures and put a stop to the ongoing fudging of the revenue and expenditure figures- a team that does not just copycat IMF recommendations but explores new measures to curtail our unsustainably high level of expenditure and introduce new tax revenue measures such as a property tax ,broadening of the tax base and improving the C-efficiency of VAT.
We need :
-A full-fledged Minister of Finance -pa Damry please !
-A new team of economic advisers at MoFED and a more experienced FS
-A dedicated team to review our whole expenditure items and implement a genuine Performance Based Budgeting which will be crucial in determining the priority expenditures and cutting down unnecessary expenditures.
To ensure the success of PBB reintroduction, it would be most advisable to attract support from the World Bank. Its proposed budget support program could include a component of technical assistance to accompany PBB implementation.
PBB execution difficulties should not be underestimated. It takes years to change the budgetary process to make PBB effective, including the overall public service culture. PBB has already failed once.
Reviving PBB without the assistance of international and experienced professional consultants, such as from the World Bank, would be a futile endeavour.
That would be Govt’s way of setting the good example -as urged by the young Turks namely Kugan, Véronique and Kaviraj- in containing and curbing unnecessary expenditures and wastage and meeting the unquenchable thirst among the population for accountability when it comes to the allocation of public funds.