World Bank to conclude Mauritius Country Partnership Framework for 2015-20
World Bank Country Director Mark Lundell elaborated avenues for greater cooperation between the World Bank Group and Mauritius, as he visited the island economy to conclude an agreement on a new Country Partnership Framework for Mauritius over 2015-20. (Image: Government)
The World Bank is working to conclude an agreement on a new Country Partnership Framework for Mauritius for the next five years, starting 2015.
With a view to reach an agreement on the Country Partnership Framework, World Bank Country Director for Mauritius, Mark Lundell, paid a courtesy call on Prime Minister Navin Ramgoolam, yesterday, September 15, 2014, at the Treasury Building in Port Louis.
The Country Partnership Framework is a standard document that defines the operational and strategic framework of collaboration between a partner country and the World Bank.
Discussions between Ramgoolam and Lundell focused on short and long term development strategies for Mauritius to meet future challenges, as well as on the diversification of the economy.
According to Lundell, the base document for future interventions of the World Bank and the Systematic Country Diagnosis (SCD) has already been submitted to the government of Mauritius.
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.
Other issues that were discussed pertained to greater cooperation between the World Bank Group (WBG) and Mauritius, where Mark Lundell reiterated WBG’s commitment to support Mauritius ambition of reaching high income status in the medium term.
The World Bank Country Director for Mauritius added that the issue of giving the population adequate access to skills to help them integrate the labour market was also raised, as also was the topic of encouraging growth in the manufacturing sector.
He stressed that we should ensure ‘better linkages’ between the development of emerging sectors such as ICT and financial services, and employment opportunities for less qualified people.
Earlier during the day, while speaking to the press, the World Bank Country Director for Mauritius gave an overview of his mission as well as the challenges lying ahead for the country.
He also spoke of progress made by Mauritius on poverty reduction. However, according to him, more remains to be done, notably regarding the continued vulnerability of certain sectors of society.
He added that the World Bank wishes, through its next program, to contribute to improved efficiency of the public investment mechanism so that it can create the required budgetary scope and set up resources dedicated to education, health and social welfare, among others.
Mark Lundell was on his first official visit to Mauritius from 10 to 15 September with the purpose of his visit being to review the current stage of cooperation between Mauritius and the World Bank Group.
The World Bank Group has been consistently supporting Mauritius with lending and non-lending assistance.
The World Bank lending is complemented with technical and analytical support on a variety of topics, 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.