The report clarified that it was not intended to be a detailed national development plan — to avoid duplicating the work of other branches of Government already carrying out that task. PEC used existing national, sectoral and other plans and data, fitted within a consistent and comprehensive long term conceptual framework. Secondly, it used a simple baseline projection, without extensive macro-scenario analysis. Thus, the base case assumed an average 5% GNP growth rate, and 1% population growth rate up to 2030, and the results were robust over a range of values around this baseline (eg., GNP variation +/- 1%). Furthermore, some key scenarios are explored at the sector level (eg., worst case disasters affecting agriculture), to provide strategic guidance on risk management. Thirdly, PEC, though was not mandated with the task of implementation, has pointed out the lack of success in executing past strategies and policies, and listed some ideas on this key topic.
The government will address current challenges by implementing economic reforms to improve its Doing Business global rankings to a position below 70 from the current 110, while lowering its public debt from the current 79.3% of GDP to 70% within the same period. Thus, the economy will be better positioned to raise investments, export earnings and achieve an economic growth rate of 7% by 2020 from the current 4.5%.This will facilitate the next step of making the transition to high middle-income status, and becoming an Indian Ocean hub, built on a knowledge-based, highly competitive, social-market economy.