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Mauritius - Private Sector Competitiveness Development Policy Loan Project (English)

Ratings for the Private Sector Competitiveness Development Policy Loans (DPL) Project for Mauritius were as follows: outcomes were satisfactory, risk to development outcome was moderate, Bank performance was satisfactory, and Borrower performance was satisfactory. Some lessons learned included: the new programmatic DPL series was prepared in tandem with the public sector performance (PSP) DPL series and led to an integrated dialogue with the client, and joint internal processing, and targeting with better results. The PSC DPL series serve as an example of the Bank’s responsiveness and agility to meet a middle income client’s development priorities more geared towards policy and institutional support as opposed to public investment and capacity building. The loan was designed to include a certain degree of flexibility to allow the government to adapt the reform program as needed over time. Throughout the process of project design and preparation, the government placed great value on the knowledge package accompanying the DPL which contributes to reform planning and implementation. The results framework was realistic and with clear baseline data and targets that allowed proper monitoring of progress towards performance.

Details

  • Document Date

    2015/06/15

  • Document Type

    Implementation Completion and Results Report

  • Report Number

    ICR3400

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Mauritius,

  • Region

    Africa,

  • Disclosure Date

    2015/07/22

  • Disclosure Status

    Disclosed

  • Doc Name

    Mauritius - Private Sector Competitiveness Development Policy Loan Project

  • Keywords

    trade and competitiveness;improving access to finance;Micro, Small and Medium Enterprise;competitiveness and private sector development;Education for the Knowledge Economy;Analytical and Advisory Activities;financial and private sector development;commercial bank;finance and economic;cabinet approval;financial sector development;Regulation and Competition Policy;Insolvency and Creditor Rights;guidelines for tariff setting;restructuring plan;secure electronic transaction;government's reform program;reduction in time;insolvency practitioner;business development service;skill and technology;public key infrastructure;budget support operations;assessment of risk;letters of invitation;secure online transaction;improving competitiveness;enterprise growth;legislative amendment;Exchange Rates;private sector involvement;assessment of outcome;public sector institution;industry and trade;secured transactions law;number of banks;specialized bank;requests for proposal;government to business;right of individual;letters of appointment;risk of corruption;global best practice;water and wastewater;Private Sector Growth;current account deficit;identification of risks;legal framework governing;international good practice;private sector competitiveness;fiscal stimulus package;global economic crisis;stock market index;strategic coordination mechanism;proof of claim;reallocation of resource;Code of Ethics;types of service;SME support institution;broadband service;outcome indicator;Enterprise Development;institutional environment;prudential requirements;Public Services;interest subsidy;supply side;retail price;Financial Stability;financial service;enhancing competitiveness;movable collateral;business standards;development partner;firm exit;competitiveness agenda;land title;broadband infrastructure;parliamentary debate;results framework;primary author;potential investor;fund allocations;government's commitment;secured lending;national assembly;enterprise access;fiscal consolidation;SME finance;external partner;investment climate;export market;market power;government priority;intangible asset;application form;international standard;delivery instrument;insolvency framework;government service;driving force;mitigation measure;investment lending;firm survey;green technology;individual entrepreneur;knowledge product;lessons learnt;technical expertise;competitive market;road infrastructure;cumbersome procedures;education dialogue;budget process;minimal risk;budget cycle;Macroeconomic Stability;global development;government coalition;financial system;viable business;evaluation framework;market needs;monitor performance;primary legislation;Political Economy;political reform;support policy;fiscal deficit;public debt;broad consensus;concerned institution;public debate;program development;accountability framework;credit provider;general elections;risk averse;regulatory environment;credit market;long life;utility bill;eligibility criterion;price drop;large debt;beneficiary survey;stakeholder workshop;information service;technology development;broadband technology;Programmatic Approach;output growth;subsidized credit;market performance;institutional assessment;Land Registry;consumer indebtedness;credit bureaus;repayment behavior;utility company;competitive environment;market segment;regulatory tool;specialized services;fiscal space;business model;strategic partner;property value;transaction value;political change;tourist arrival;unemployment rate;export good;SME sector;Job Creation;investment loan;island economy;global competition;legislative change;investment operation;targeted program;business environment;skilled labor;emerging technology;secondary trading;Macroeconomic Policy;firm dynamic;government body;aggregate productivity;open economy;advanced economy;financial worry;unemployment increase;domestic reform;external factor;continuous process;research base;long-term competitiveness;fiscal position;euro zone;inclusive growth;agricultural economy;sugar production

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Citation

Mauritius - Private Sector Competitiveness Development Policy Loan Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/456061467986256267/Mauritius-Private-Sector-Competitiveness-Development-Policy-Loan-Project