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
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 11330
Commitment U.A 153,029,661.71
Status Implementation

Project General Description

Management submits the following report and recommendation on a proposed 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, to finance the COVID-19 Crisis Response Budget Support Program ( the “Program”). The Program is in response to a request from the RoM dated 18March 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.

Project Objectives

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 objectives i) To strengthen health systems ii) To protect livelihoods, income security, and access to essential goods and services;and iii) To build a resilient private sector for economic recovery.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, theProgram 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 19 Oct 2020

Export

Contact Details

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

Geographic Location

Country Mauritius