Mauritius Budget 2022-2023

The Honourable Finance Minister delivered his third Budget speech against the backdrop of a stressed international context marked by the prevailing Russia-Ukraine war and the resulting repositioning of geopolitics, a considerable rise in global energy and commodity prices due to supply shortages and disruptions, the continued albeit lower prevalence of COVID-19, and the spreading of Monkeypox.

He highlighted the considerable policy response put in place over past two years to support the economy and preserve social inclusion. He announced measures to address current hardships faced by a growing part of the population due to erosion of purchasing power, through social aid and subsistence allowances aimed at ensuring access to basic commodities such as rice, cooking gas, milk, edible oil and pharmaceutical products.

Our alert sets out the key budgetary measures announced.