EU commits Rs 13.1 billion to Mauritius from 2008-13 for economic development
From 2006â€“2013, Mauritius benefited from an exceptional envelope known as â€?Sugar Accompanying Measures,â€™ amounting to EUR 278.7 million (approximately Rs 11.5 billion), which aimed at offsetting price cuts of the guaranteed sugar price in the context of the EU Sugar reform. (Image: Press TV)
The European Union has committed funds of EUR 317 million (approximately Rs 13.1 billion) over the period 2008-2013 for the development of the island economy.
Mauritius benefits from the European Development Fund (around EUR 75.69 million) and EU budget lines such the Sugar Accompanying Measures (around EUR 236 million), the Global Climate Change Alliance (EUR 3.0 million), and the NSA budget line (EUR 1.1 million), the Instrument for Stability (EUR 1.08 million) and the Migration and Asylum (0.63 million).
According to the Country Strategy Paper for the 10th European Development Fund, Mauritius is entitled to EUR 75 million (approximately Rs 3.1 billion) for the period 2008-2013 in order to carry out project and programmes such as budget support, fisheries partnership agreement, technical cooperation, and support to non-state actors.
Mauritius was considered a good performer under the 10th EDF for the Mid Term review undertaken in 2010-2011. Further to this achievement, Mauritius received bonus funds of EUR 10.2 million (approximately Rs 421.2 million).
Moreover, Mauritius has been eligible for significant funding under specific instruments such as the EUâ€™s Vulnerability FLEX instrument which allocated EUR 10.9 million (approximately Rs 450.1 million) in 2009 in order to moderate the effects of the global financial and economic crisis.
From 2006â€“2013, Mauritius benefited from an exceptional envelope known as â€?Sugar Accompanying Measures,â€™ amounting to EUR 278.7 million (approximately Rs 11.5 billion), which aimed at providing support to the ACP sugar protocol countries in restructuring their sugar sector and help offsetting price cuts of the guaranteed sugar price in the context of the EU Sugar reform.
The Non-State Actor budget line allocated EUR 500,000 (approximately Rs 20.6 million) to the island in 2010 to support poverty reduction initiatives of Non-State Actors through direct grants managed through calls for proposals. In addition, another EUR 500,000 was allocated for Mauritius in 2011 for implementation in 2012/2013.
Concerning the Global Climate Change Alliance, the island got its first disbursement of EUR 1.4 million (approximately Rs 57.8 million) after taking forward important legislations on energy efficiency, and it benefited from consultancy services for Sustainable Building and Construction.
In November 2012, the same amount of money was given as the last disbursement for budget support when the Government passed the Building Control Act including requirements for sustainable buildings.
The thematic budget line â€?Migration and Asylumâ€™ amounting to around EUR 629,000 (Rs 25.97 million) was approved for a project helping to implement the circular migration agreement between Mauritius and Italy, the contract was signed between the Ministry of Labour of Italy and the European Union on 21 December 2012.
Additionally, Mauritius benefited from regional funds of the European Union during this period, in particular as member of COI, COMESA and SADC.
It is to be noted that Mauritius hosts the IMF Technical Assistance centre AFRITAC South, and the Regional Multi-disciplinary Centre of Excellence (RMCE) financed by the EU regional programmes.
Actively participating in the Eastern and Southern Africa region and other regional organisations such as COMESA, SADC and IOC, Mauritius has benefited from the restructuring of the Regional Integration Support Mechanism (RISM) programme managed by COMESA aimed at fostering regional integration.
Eventually, Mauritius is in the process of achieving most of the Millennium Development Goals (MDGs) by 2015 in line with the EU policy on global poverty reduction with the exception of MDG 3 on promoting gender equality and empowering women, and MDG 6 on combating HIV/AIDS, malaria and other diseases.