Mauritius consolidates and accentuates its lead as number one in Africa as regards Ease of Doing Business and progresses five places worldwide to take the 20th place among 190 countries according to the World Bank’s Doing Business 2019 Report published on 31 October. This good score is a testimony of Government’s efforts to build a robust and resilient economy.
This was the gist of the message of the Prime Minister and, Minister of Home Affairs, External Communications and National Development Unit, Minister of Finance and Economic Development, Mr Pravind Kumar Jugnauth, yesterday in a message to the population on the national television. He rejoiced that the efforts deployed since the past three years by Government have consolidated the position of Mauritius on the international front and have accentuated the trust of international investors vis-à-vis Mauritius. This is testimony, he said, of the various measures implemented such as the enactment of the Business Facilitation Act 2007 as well as budgetary measures.
The Prime Minister highlighted that the growth rate this year is expected to be around 3.9% and will continue to progress adding that the unemployment rate will continue to decrease and will be less than 7%. He recalled that Mauritius has been transformed into a huge construction site, with projects being implemented across the country. These projects, he stated, demonstrate that Government is working towards the betterment of the whole population.
Referring to the first position of Mauritius in overall governance in Africa for the 12th consecutive year according to the Mo Ibrahim Index of African Governance (IIAG) 2018, Mr Jugnauth expressed satisfaction that the country has maintained its top position and has progressed among 190 countries from the 25th rank in 2017 to the 20th rank this year.
The country, he highlighted, came first in all four indicators such as Safety and Rule of Law, Participation and Human Rights; Sustainable Economic Opportunity; and Human Development. Furthermore, Mauritius ranks 6th as regards the efficiency of its taxation system and six indicators on 10 have been improved last year.
Source: Government of Mauritius