World Bank Country Director visits Mauritius to strengthen cooperation
According to Mark Lundell, the island economy is performing well on the World Bank Group’s twin goals of tackling severe poverty and enhancing the well-being of the bottom 40% of its population. (Image: iisd)
Mauritius welcomed today the World Bank Country Director for Mauritius, Madagascar, Mozambique, Seychelles, and Comoros to review the current stage of cooperation between Mauritius and the World Bank Group and strengthen links.
According to the press release from the international financial institution, during his visit from 10-15 September, Mark Lundell will meet with cabinet ministers, development partners and other development stakeholders.
Furthermore, he will hold a press conference as well as lead a workshop on the launch of the World Bank Group’s Systematic Country Diagnostic (SCD) for Mauritius, a first of its kind to be prepared for Mauritius.
“I’m pleased to visit Mauritius at such a crucial juncture in our program and relations with the country,” Mark Lundell said, upon his departure from Mozambique where he is based.
According to him, Mauritius is performing well on the World Bank Group’s twin goals of tackling severe poverty and enhancing the well-being of the bottom 40% of its population.
“Despite these laudable achievements, challenges remain. With my visit, I also want to reiterate our commitment to support Mauritius achieve its ambition of reaching high income status in the medium term,” he added.
It may be noted that the SCD is a comprehensive analysis containing a candid assessment of the main development opportunities and challenges facing Mauritius in the coming years, and is prepared in close consultation with national authorities and other development stakeholders.
Consequently, the SCD findings will strengthen the preparation of the new Country Partnership Framework, which is a document that defines the operational and strategic framework of collaboration for the next two years between the World Bank Group and Mauritius.
Mauritius has been provided with the support of the World Bank Group in terms of lending and non-lending assistance.
The World Bank lending is matched with technical and analytical support on a variety of issues, including infrastructure, review of public expenditure, health, tourism, education, social protection and poverty, public enterprises, civil service reforms, finance, diaspora and institutional strengthening with the government.
Ultimately, several knowledge and technical assistance products, related to monitoring and assessment of poverty and inequality, are being developed in Mauritius with the support of the World Bank Group.