On the 14th of June 2018, The Honourable Pravind Kumar Jugnauth, Prime Minister, Minister of Home Affairs, External Communications and National Development Unit and Minister of Finance and Economic Development presented the 2018/2019 Budget under the theme “Pursuing Our Transformative Journey”.
The aim of this year’s Budget is to create new poles of economic growth to enable Mauritius to attain the status of an Inclusive High Income country based on innovation and sustainable value creation.
As expected, this year’s budget had provided a roadmap for our Global Business sector with considerable new measures to be implemented that will transform the face of the whole financial services industry. As a consequence thereof, Mauritius is being brought to abandon the taxation system that has served it so well for the past two decades and adopt new tax provisions to improve its competitiveness in the Global Business sector.
Click below link to view the complete budget report from LEX Africa Mauritian member Erriah Chambers.