Subject: ITL Newsletter - Mauritius Budget Brief 2017-2018

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Mauritius Budget Brief 2017-2018
The Honourable Pravind Kumar Jugnauth ,Prime Minister, Minister of Home Affairs, External Communications and National Development Unit , Minister of Finance and Economic Development, delivered his Budget Speech for the fiscal year 2017/2018 on 8th June 2017.
This year’s budget is set against the backdrop of ten key measures already announced in last year’s budget and is but a logical continuation thereof, as enunciated by the five fundamental challenges as follows:

1. Growth and job creation;
2. Uplifting of our existing infrastructure;
3. Enhancement of the quality of life;
4. A paradigm shift on social aspirations ;and
5. Strengthening the basics of our macro-economic setup.

Strong words coined by the Honourable Prime Minister to convey his belief in what one should aspire as a country to fend off for itself in a world where competition is the rule of the day, include innovation, skills development, business facilitation, growth stimulation, adaptation, modernization and creativity.


DISCLAIMER
The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.

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