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MAURITIUS - Economic Competitiveness and Resilience Support Program - Phase II (ECRSP)

Sector: Raw Materials • Location: Mauritius

Source: African Development Bank (AfDB)

Project

Management submits the following proposal and recommendation for an ADB Loan of two hundred and fortymillion United States Dollars (USD 240,000,000) to the Republic of Mauritius to finance the second Phase of the Economic Competitiveness and Resilience Support Program (ECRSPII). The ECRSP was designed as a programmatic series of two consecutive General Budget Support (GBS) op

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The project “MAURITIUS - Economic Competitiveness and Resilience Support Program - Phase II (ECRSP)” is an infrastructure initiative in the Raw Materials sector, located in Mauritius. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

Management submits the following proposal and recommendation for an ADB Loan of two hundred and fortymillion United States Dollars (USD 240,000,000) to the Republic of Mauritius to finance the second Phase of the Economic Competitiveness and Resilience Support Program (ECRSPII). The ECRSP was designed as a programmatic series of two consecutive General Budget Support (GBS) operations covering the fiscal years 2022/23-2023/24 for total financing of four hundred and ninety million USD (USD 490,000,000).This is the second phase of the two-year series of the Program Based Operation (PBO). It follows Board approval of the first phase on 29 March 2023 for an amount of two hundred and fifty million USD (USD 250,000,000) and subsequent implementation of the related program measures.

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High

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100%

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