Mauritius’ newly sworn-in Prime Minister, Navin Ramgoolam, who secured a resounding victory in the recent general election, has announced that he will also serve as the country’s finance minister.
This decision underscores his intent to personally steer the economic policies of the island nation, known for its stability and thriving tourism industry.
Ramgoolam, a seasoned politician with years of experience in governance, justified his dual role by emphasizing the need for close monitoring of the economy, especially in the face of global uncertainties. “Taking on the finance portfolio allows me to keep a direct eye on the country’s financial health and ensure our policies align with the aspirations of our people,” he said during a press briefing.
The Prime Minister’s decision comes at a critical time for Mauritius, as the government seeks to diversify the economy beyond its traditional reliance on tourism and sugar exports. His administration plans to focus on bolstering financial services, digital innovation, and renewable energy sectors to enhance resilience and create sustainable growth.
Ramgoolam also pledged to prioritize initiatives aimed at reducing income inequality and fostering inclusive development. He highlighted plans to introduce targeted welfare programs, improve infrastructure, and incentivize private sector investments.
