The new Government of Mauritius draftedthe New Economic Agenda (NEA), a five-year reform frameworkto develop Mauritius into a high-income, high-tech serviceand knowledge economy. First, the Agenda focuses onimproving the environment for the private sector,particularly given the existing challenges toMauritius' traditional export markets. Second, theAgenda outlines heavy investments in the social sectors inorder to improve skills of the working population, bettermeet the needs of an aging population, and more effectivelyhelp the most marginalized in society. Third, the NEAemphasizes steps to alleviate the multiple pressures onMauritius' fragile environment, stemming from the hoteland textile industry but also from deficient sewerage inprivate housing. In the Agenda, the Government commits toreducing the overall fiscal deficit to about 3 percent ofGDP by the end of its mandate in 2005/6. Further, theprogram outlines measures to improve budget management byprioritizing expenditures to meet NEA objectives and togradually eliminate quasi-fiscal activities. The governmentis committed to undertake the proposed transformation of itspublic expenditures without endangering the stability of thepublic sector and the economy.
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