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Reading: Mauritius Budget 2024: Boosting Financial Services with Strategic Alliances & Innovation – World News Network
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Latest World News Update > Blog > Business > Mauritius Budget 2024: Boosting Financial Services with Strategic Alliances & Innovation – World News Network
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Mauritius Budget 2024: Boosting Financial Services with Strategic Alliances & Innovation – World News Network

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Last updated: June 24, 2024 12:00 am
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BusinessWire India
Mumbai (Maharashtra) [India], June 24: The Government of Mauritius presented its Budget 2024/25 on Friday 7 June 2024. In its budget speech, the Minister of Economic Planning and Development, Dr R. Padayachy stated that Mauritius will aim to establish a SPA (Strategic Partnership Alliance) with India and that going forward, Mauritius will be strategically aligned with India to chart a course towards a prosperous future.
Through strategic bilateral cooperation, Mauritius aspires to elevate itself to a high-income economy, targeting a GDP of Rs 1 trillion by 2029. This visionary strategy will not only secure Mauritius’s economic future but also fortify its relationship with India, opening avenues for enhanced collaboration and investment. This dynamic partnership is set to elevate both nations within the global financial landscape.
The budget introduces significant measures to boost the financial services sector, including collaboration with Indian authorities. It also focuses on renewable energy, environmental and climate change, manufacturing, and exports, freeport and logistics, blue economy, healthcare and biotech, ICT, real estate and construction, tourism, education, creative industries, and Rodrigues. The Economic Development Board of Mauritius supports these initiatives as vital for sustainable economic growth and enhancing global competitiveness.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India. ANI will not be responsible in any way for the content of the same)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

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