2020 was a very difficult year for the whole world, and Mauritius was no exception. In the aftermath of two lockdowns due to the global pandemic and their adverse effects on the economy, The Honourable Dr. Renganaden Padayachy, Minister of Finance, Economic Planning and Development presented his second Budget for the fiscal year 2021/22 on Friday 11th June 2021 against the economic backdrop. Compared to last year, this budget speech has provided a more positive outlook on the economic recovery of the country.
OVERVIEW OF THE MAURITIUS BUDGET 2021 – 2022
The proposed Mauritius Finance Budget 2021-22 is a progressive step that is well-balanced, maintaining the government’s continued support to the distressed sectors, progressing with its socio-economic agenda, and creating huge employment.