2021 Pre-budgetary consultation exercise

On Wednesday 21 April 2021, the Chairperson and CEO of the MBA met with the Honourable Minister of Finance, Dr. Renganaden Padayachy, in context of the pre-budgetary consultations. The meeting was a positive, open discussion on measures to boost growth, and how banks can play their role in financing the economic recovery. We presented our Memorandum, titled Preserving Investor Confidence and Boosting Growth.  Some of the measures proposed include preserving the investment grade of Mauritius, ensuring greater visibility on the tourism sector, initiatives to mobilise funding for SMEs and corporates, and the development of capital markets and public-private partnerships as tools to finance the recovery, especially in relation to renewable energy and blue economy projects.