Subject: National Budget 2022/23: Shaping a resilient nation

Budget Brief 2022/2023

National Budget 2022/23: Shaping a resilient nation

The Minister of Finance, Economic Planning and Development, Dr. the Honourable Renganaden Padayachy presented the National Budget 2022/2023 on 7 June 2022.


Sheer resilience. The message and the vision conveyed in this year’s National Budget 2022/2023 could not be any clearer.


Over the past 2 years, amidst a glum global economic backdrop throttled by a pandemic, extreme weather conditions and war, the Mauritian government has showed resilience and has defied all odds through the crafting and the implementation of carefully thought-out measures and policies. According to the International Monetary Fund (IMF) forecasts, the GDP of the country will exceed its pre-pandemic level, reaching Rs. 520 billion by 2022 compared to Rs. 465 billion in 2021. Unemployment rate is expected to fall to 7.8% (2021: 9.1%). Foreign Direct Investment into Mauritius is also projected to rise to more than Rs. 20 billion compared to Rs. 15.4 billion in 2021.


Click here or on the image below to read more:

Your Data Privacy, Our Concern

As you are aware, we hold your contact details on our database and have been sending you regular newsletters and updates about the latest developments in the Mauritius financial landscape and other areas of interest.


Since the introduction of the new data protection regulations (EU GDPR & the Mauritius Data Protection Act 2017), we now require your consent to hold your personal data. Please click here to confirm that you still want to hear from us and get the latest news about the Mauritius International Financial Centre.


Should you wish to opt out of our future e-mail communications, please click here to stop receiving correspondence from ITL. Alternatively, you may use the unsubscribe button at the bottom of all our communications or send us an e-mail at unews@intercontinentaltrust.com


Data security and protection is of prime importance to us and we invite you to read our privacy notice which provides information about how we manage and process your personal information.


We are only a phone call or an e-mail away. If you have any comments, questions or concerns about any of the information in our privacy notice, or any issues relating to the processing of personal data by ITL, please contact your regular contact person at ITL or write to us on dpo@intercontinentaltrust.com

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.

    This is an online snapshot of a newsletter created by the owner of enews2015 (Intercontinental Trust Limited, Level 3 Alexander House, 72201 Ebene, Mauritius) and sent via GetResponse on 2022-06-08. Report abuse