Mauritius – COVID-19 Crisis Response Budget Support Programme


Project Summary

Approval Date 22 May 2020
Signature Date 30 May 2020
Planned Completion Date 31 Dec 2020
Last Disbursement Planned Date 30 Jun 2021
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Environmental Category 3
Commitment U.A 154,487,111.01
Status Completion

Project General Description

The proposed COVID-19 Crisis Response Budget Support Program is in response to a request from the Republic of Mauritius (RoM) dated 18 March 2020 and will be applied for one year, from June 2020 to June 2021. The design of the program considered good practice principles on conditionality. This is a loan to the Republic of Mauritius (RoM) in the amount of EUR 188 million from the COVID-19 Rapid Response Facility (CRF), approved by the board on April 8th, 2020. Indeed, the COVID-19 pandemic is a health crisis which can potentially plunge Mauritius into an economic recession due to its status as a Small Island Developing State (SIDS) and its dependence on Foreign Direct Investment (FDI), travel and tourism. The first three cases of COVID-19 were announced on 18 March 2020 and they were all imported. By 6 April 2020, locally transmitted cases had increased to 133 (54.5% of all cases). The purpose of the Program is to support national measures in response to COVID-19, and mitigate its health, social and economic impacts. It has three mutually reinforcing components (i) Strengthening health systems; (ii) Protecting livelihoods, income security, and access to essential goods and services; (iii) Building a resilient private sector for economic recovery.

Project Objectives

The overall goal of the program is to support national measures to contain the spread of COVID-19 and mitigate its health, social and economic impacts. The main outcomes of the program are: improvement in preparedness and response to crisis; support the vulnerable groups and the informal sector by financing social protection schemes; as well as minimizing job losses by boosting the resilience of MSMEs to withstand the COVID-19 crisis and prepare for economic recovery.

Beneficiaries

The overall beneficiaries of the Program are the people of Mauritius, especially the people in the lowest quintile of the population. In addition to the beneficiaries of wage assistance scheme, workers in the informal sector, and employees facing immediate lay-off and transient poverty risk, the Program will directly benefit several vulnerable people, through the social protection measures. Moreover, the program will also benefit MSMEs whose resilience will be bolstered to withstand the COVID-19 crisis and prepare for economic recovery.

Participating Organization

Funding
African Development Bank
Implementing
GOVERNMENT OF MAURITIUS MINISTRY OF FINANCE

Information

IATI identifier 46002-P-MU-K00-008
Last Update 01 Dec 2021

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Contact Details

Name CHANGE Evelynne Obonyo
Email e.change@afdb.org

Geographic Location

Country Mauritius