Business Mauritius reveals key proposals for 2022/2023 Budget

Business Mauritius, which brings together some 1,200 private companies, has made public its budget proposals made to the Minister of Finance in view of the upcoming budget 2022/2023.

• Circular economy: Achieve 60% renewable energy by 2030 through Renewable Energy Investment Frameworks for Biomass and Solar PV and fast-tracking of projects.
• Introduction of environmental and social criteria in the procedures for awarding public contracts.
• Implementation of the National Waste Management Strategy.
• A stronger pension system: Establish fiscal discipline, reduce the pressure on public finances and improve the competitiveness and attractiveness of Mauritius.
• Labour: More flexibility in the recruitment of foreigners to close the skills gap, make the workplace more “family-friendly”.
• Air connectivity: Achieve the goal of one million tourists in 2022 by restoring the pre-crisis “airlift” and setting up a National Civil Aviation Committee.
• Introduction of a food security project through a network of “solidarity supermarkets”.
• A “household improvement scheme”. Families meeting specific criteria to receive between Rs 10,000 and Rs 300,000 to renovate their homes.
• The development of a social register for families in relative poverty (SRM 2) and an adapted support plan.