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Budget 2017-2018 Highlights: Measures towards developing industries and protecting consumers

Date: June 15, 2017
Domain:Economy & Finance; Consumer Protection
Persona: Business; Citizen; Government; Non-Citizen
 

GIS - 15 June, 2017: Industries have contributed significantly to economic growth, and further actions will be geared towards advancing the industries to new frontiers, diversifying their bases and modernising the sector, the Prime minister, Minister of Finance and Economic Development, Mr Pravind Jugnauth, underlined in the 2017-2018 Budget speech.

Mauritas, which is currently established as a department under the Ministry of Industry, Commerce and Consumer Protection, will be given full autonomy to offer accreditation services locally. This would result in lower costs of accreditation for exporters.
Protecting Local Handicraft
In order to protect traditional handicraft, the Commodities (Indication of Origin) Regulation 1981 will be amended to ensure that all products should, as from 1st October 2017, mandatorily display their country of origin. This will allow consumers, including tourists to make an informed choice when making a purchase. Non-compliance will entail a fine of up to Rs 500 000.
On the other hand, SME Mauritius Ltd will introduce a hologram to be affixed on all locally made handicraft products. The Consumer Affairs Unit of the Ministry of Commerce will step up its enforcement action against importers and sellers providing false and misleading information as to the origin of products.
Consumer Protection
Consumer well-being is another priority of the Government as it is a central component of quality of life. A series of measures have been spelt out in Budget 2017-2018 to further protect consumers. They are namely:
·         Putting in place a new consumer protection framework
·   Reduction of the retail price of flour from Rs 5.85 to Rs 4.85 per half kilogram, that is, by 17 percent
·         Reduction of the price of a 100 gram “pain maison” by 10 cents per unit. 
Government Information Service, Prime Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius. Email: gis@govmu.org  Website:http://gis.govmu.org 
 
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