Category: Economy

Letter from New Delhi

The 2016-17 budget has the potential to provide a stronger impetus to the economy, but a pronounced attention to social development is not financially sustainable in the absence

A decision was taken by Cabinet to stop the Heritage City project. As expected, sentiments were divided. Minister of Financial Services and Good Governance who had been advocating

It is generally observed that there is a sentiment of revolt against the established order. It looks like a worldwide phenomenon. There’s a sentiment of rejection of several

The present budget sends one back to the school days when a teacher freshly trained by Teacher Training College decided to distribute mint sweets to every pupil in

The Minister of Finance in his budget speech last Friday announced the strategy to bring “about a major public sector reform programme.” He went on to say that

Last Friday’s budget did one positive thing at least – it pushed behind a thick curtain all the bad things of the past year. It went into a

It will be difficult to shed all the deadweight that has thus settled into the system. But shed we should, in favour of a better performing culture  

We again find ourselves at an identical crossroad today.

One single budget is not a magic wand which will solve all our problems, but it does represent an opportunity for sending the right signals to operators and

Ever since it joined the European Union, unlike Belgium with a monist system, UK having a dualist system was required, besides being a signatory to a Treaty, to

The budget exercise must above all provide a positive policy response to the people’s expectations and help put in place a new economic model geared to boost growth,

Only by appreciating the larger picture can we assess whether the promise of an autonomous Chinese port (in Mauritius) has been bartered off at fair value, given its

Nearly everybody is convinced that the economy is not doing the best it could. The government has been making efforts to get the private sector to make breakthroughs.

After the first wave of all-embracing economic growth took place in Mauritius in the 1980s, on the back of industrial expansion, notably in textiles and garments, there was