On Thursday 8 May 2025, the Mauritius Bankers Association participated in the main pre-budgetary consultation between the Ministry of Finance and representatives from the Mauritian private sector.
Junior Finance minister Dhaneshwar Damry, and senior officers from the Ministry of Finance and the Economic Development Board, met with Business Mauritius and its nine partner members.
Messrs Brian Ah-Chuen, Deputy Chairperson, and Daniel Essoo, CEO, represented the MBA, and made representations for competitiveness, sustainability and digitalisation.
“Sustainable finance is an important part of the MBA’s memorandum, in line with the national target to achieve a mix of 60% renewable energy by 2030. Accelerating the deployment of solar energy could help reduce imports and increase resilience,” stated Daniel Essoo.
Other aspects of the MBA’s 2025 Budget Memorandum target:
• the growth of the Mauritius International Financial sector
• the competitiveness of the banking sector
• digitalisation
• mobilising financing for SMEs