GIS– 19 May, 2020: A pre-budget consultation with stakeholders of the private sector was
held this afternoon, in presence of the Minister of Finance, Economic Planning
and Development, Dr Renganaden Padayachy, in Port-Louis
Giving the gist of discussions after
the meeting, the Chief Executive Officer of Business Mauritius, Mr Kevin
Ramkaloan, recalled that till December 2020, enterprises will face a difficult
phase due to the Covid-19 crisis. Consequently, measures to support enterprises
will be important in order to safeguard employment and, in this context, the
collaboration between the public-private sector is key.
He further indicated that Small and
Medium Enterprises (SMEs) will be called upon to expand and to play a more
important role. In this period of crisis, sustainable, inclusive and long term
development will be essential, he said, adding that SMEs should be further
encouraged and provided with facilities. Discussions also focused on exploring
new opportunities, expanding local production and promoting Africa, he
For his part, the Chairman of
Business Mauritius, Mr Vidia Mooneegan, advocated for regionalisation, local
production, and the transformation of the economic model to respond to future
As for the Chairman of the
Mauritius Export Association, Mr Patrice Robert, he underlined that this is a
difficult moment for the exportation industry of Mauritius. According to him, there
is a need therefore to reinvent the sector with bold measures so as to create a
stronger base with more diversifications as well as to identify ways to attract
The President of the Mauritius
Chamber of Commerce and Industry, Mr Marday Venkatasamy, is of view that in these
exceptional circumstances, Government will have to come up with exceptional and
unconventional measures so to bring the economy back on track.
The private sector is looking forward
for the budget to be balanced at the social, economic and health level.
Government Information Service, Prime
Minister’s Office, Level 6, New Government Centre, Port Louis, Mauritius.
Email: email@example.com Website: http://gis.govmu.org Mobile App: Search Gov