The enhanced single window financial sector, will also be linked to the Improvement Business Government e-payment and Trade Environment gateway. PILLAR 3: Improving the Investment Climate (Satisfactory) (11) Reduction in cost of Creation of a one stop Mauritius ranks 29 in the The engagement of the bank in Lending: doing business as measured shop business Ease of Doing Business in these areas were through a DPL series (1,2,3,4), by surveys (land, labour registration mechanism DB 2015. programmatic DPL. In Private Sector regulations) Number of days to start a Mauritius, it must be ensured Competitiveness DPL (Mostly Achieved) business reduced from 46 that: (i) the lending or TA (1,2), Infrastructure (Achieved) Improve recovery rate (2006) to 29 (2015) instrument is aligned with the Project of creditors Number of days it takes to priorities and government’s enforce commercial contract leadership, (ii) the analytical AAA/TA: (Achieved) reduced from 750 (2006) to work that preceded the FSAP Update, Doing 44 (2015) operation helped provide a Business (08,09), Dealing with construction road map for reform, which Investment Climate permit 162 (2006) to 117 shaped the eventual Assessment, Skills (2015) architecture of the project, (iii) Development and A building and land use there is consensus regarding Technology Innovation, permit is issued within 14 the reforms that will result in Next Generation days. clear and achievable outcomes, Business Reform TA, Elimination of trade license. (iv) there is political Financial Sector No waiting time to pay trade commitment from the sector Dialogue and TA, , fee. ministries participating in the Improving Reduction in time taken to reform agenda, (v) technical Competitiveness register property from 210 assistance is provided in NLTA, Road Safety days( 2007) to 2 (2014)days. parallel to the operations to Management Capacity The coverage of the credit build capacity as well as Review information bureau is nurture collaboration and expanded to include all improve performance, and (vi) financial institutions. the loan is designed to include The % of adults covered has an appropriate degree of increased from 10% (2007) flexibility to allow the to 50% (2011) to 74.56% government to respond to (2015). emerging crises as well as for
The enhanced single window will also be linked to the Government e-payment gateway. financial sector, Improvement Business and Trade Environment PILLAR 3: Improving the Investment Climate (Satisfactory) (11) Reduction in cost of doing business as measured by surveys (land, labour regulations) (Achieved) Creation of a one stop shop business registration mechanism (Mostly Achieved) Improve recovery rate of creditors (Achieved) Mauritius ranks 29 in the Ease of Doing Business in DB 2015. Number of days to start a business reduced from 46 (2006) to 29 (2015) Number of days it takes to enforce commercial contract reduced from 750 (2006) to 44 (2015) Dealing with construction permit 162 (2006) to 117 (2015) A building and land use permit is issued within 14 days. Elimination of trade license. No waiting time to pay trade fee. Reduction in time taken to register property from 210 days( 2007) to 2 (2014)days. The coverage of the credit information bureau is expanded to include all financial institutions. The % of adults covered has increased from 10% (2007) to 50% (2011) to 74.56% (2015). The engagement of the bank in these areas were through a programmatic DPL. In Mauritius, it must be ensured that: (i) the lending or TA instrument is aligned with the government’s priorities and leadership, (ii) the analytical work that preceded the operation helped provide a road map for reform, which shaped the eventual architecture of the project, (iii) there is consensus regarding the reforms that will result in clear and achievable outcomes, (iv) there is political commitment from the sector ministries participating in the reform agenda, (v) technical assistance is provided in parallel to the operations to build capacity as well as nurture collaboration and improve performance, and (vi) the loan is designed to include an appropriate degree of flexibility to allow the government to respond to emerging crises as well as for Lending: DPL series (1,2,3,4), Private Sector Competitiveness DPL (1,2), Infrastructure Project AAA/TA: FSAP Update, Doing Business (08,09), Investment Climate Assessment, Skills Development and Technology Innovation, Next Generation Business Reform TA, Financial Sector Dialogue and TA, , Improving Competitiveness NLTA, Road Safety Management Capacity Review