Mauritius First Public Sector Performance Development Policy Loan

closed

Closed

The development objective of the First Public Sector Performance Development Policy Loan (DPL) Program for Mauritius to support improvements in the performance of the public sector in Mauritius. Recent economic reforms in Mauritius have built on a long tradition of economic growth and transformation. Since independence in 1968, Mauritius has achieved substantial economic growth of around 5 percent per annum, which has underpinned its economic transition from a predominantly agricultural economy based on sugar production to a diversified economy structured around textile exports and tourism. However, by the mid- 2000s, with the erosion of Mauritius' preferential trade status and rising commodity prices, it was evident that more reforms were needed to further the country's transition from a labor intensive economy to a high-value-added knowledge and services economy. As a result, in 2006 the government implemented a bold reform program structured around four pillars: (i) strengthening fiscal consolidation and public sector efficiency; (ii) enhancing trade competitiveness; (iii) improving the investment climate; and (iv)widening opportunities. The reform was broadly successful in restoring competitiveness, achieving economic growth, and creating employment in higher-value-added sectors. Moreover, the reform helped to consolidate government expenditure and reversed the upward trend in public debt. The proposed DPL is being prepared in coordination with the Bank's Private Sector Competitiveness (PSC) DPL. The two DPL series are designed to be mutually reinforcing and to address complementary aspects of the government's reform program while ensuring that the Bank's support remains sufficiently flexible. The PSC DPL series will focus primarily on strengthening the policy and institutional environment for private sector competitiveness, while this proposed DPL will focus primarily on the performance of the public sector.

FY17 - Education,FY17 - Industry, Trade and Services,FY17 - Public Administration,FY17 - Social Protection

World Bank Group

Project

Manufacturing (Industrial), Hotel, Raw Materials, Government, Education