Mauritius: Technical Assistance Report-Design Options for Fiscal Responsibility Legislation and Supporting Fiscal Institutions
Technical Assistance Reports, September 16, 2026
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- Mauritius: Technical Assistance Report-Design Options for Fiscal Responsibility Legislation and Supporting Fiscal Institutions
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Bibliographic details
- Published: September 16, 2026
- Series: Technical Assistance Reports
- DOI: https://doi.org/10.5089/9798229058537.019
Overview and purpose
- Technical assistance report presenting findings and recommendations of a diagnostic review by the Fiscal Affairs Department of Mauritius’ public financial management legal framework and supporting fiscal institutions.
- Objective: to inform the development of fiscal responsibility legislation (FRL) and outline design options and implementation requirements for consideration by the Government of Mauritius.
- Publication date: September 16, 2026.
Key diagnostic findings
- Existing public financial management framework has been ineffective in enforcing fiscal discipline and accountability.
- The debt limit has been repeatedly breached since 2008.
- Fiscal planning has been undermined by overly optimistic forecasts.
- The budget process lacks an early strategic top-down phase with expenditure ceilings.
- In-year fiscal reporting is limited.
Proposed FRL framework and design options
- Comprehensive FRL framework that incorporates:
- Fiscal responsibility principles.
- Numerical and procedural fiscal rules.
- A detailed medium-term fiscal framework.
- Robust transparency and corrective mechanisms to support effective implementation.
Institutional reforms and implementation requirements
- Strengthen or reform key fiscal institutions, including:
- Macro-fiscal forecasting.
- The medium-term fiscal framework (MTFF).
- The budget preparation process.
- Fiscal risk management.
- Fiscal reporting.
- Emphasis on aligning institutional capacity and procedures with FRL requirements to ensure successful implementation.
Subjects and keywords
- Subject: Expenditure, Fiscal policy, Fiscal risks, Fiscal rules, PFM legal and regulatory frameworks, Public financial management (PFM).
- Keywords: fiscal institutions, fiscal responsibility legislation, fiscal rules, medium-term fiscal framework, PFM law., public debt.
Content in this bundle
- Tarea2026074