Slowdown in economic activity

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Slowdown in economic activity

We must recognize that due to the continued slowdown in economic activity and ever increasing public debt the middle-income groups that is (Classe Moyenne ) have been mostly affected leading to an increase in poverty.

It can also been argued that a big proportion of the current account deficit is partly due to a decline of private saving ,increased imports of capital goods which are largely financed by foreign investment in big companies despite this Mauritius is said to have a relatively big foreign reserve but inequality is growing and becoming problematic for the people Mauritius to maintain their living standards.
Therefore efforts are needed to raise the quality of education and skills to cater for private sector development.

Furthermore, there is a need for a revised condition between the many sectors such as education, health and active labor market and an active labor market programme .could tackle poverty through increased productivity and competitiveness in job programme which can facilitate job creation.

Reforms with regard to trade barriers and liberation and education and infrastructure will be crucial in achieving the above changes.

Creating a stronger commitment to an environment conducive to innovation and making growth more inclusive by addressing a scarcity of skilled resources.through continued professional self and employee development hence increased performance as a result of ,improved quality of education.
Without further ado it is crucial to implement reforms in free health care and education, including funding otherwise, these services will be not sustainable in the longer term .through simplifying the tax system and introduce measures like pay as you earn and a basic insurance contributions to reduce central funding dependency which short in supply due to a reduced collection of total tax revenues .amd maximize efficiency through introduction of performance indicators both in public and private sector .
I advocate a progressive tax system both income and corporation taxes however, this will be initially difficult and unpopular but fairin the long run.
Embracing democratic reforms and correct political imbalances through strengthening the voting rights act and level playing field for political conditions and limit the influence of the corporate lobbyists.
Review of local government act allowing reforms such as regional devolution and devolved budgets will be a bold initiative to ensure better services for local people in the local community.

Ensure the wealthier people and profitable corporations
That profit most from our political system contribute their fare share of taxes including a review or simplification of property taxes including the inheritance tax system.

Amplify the workers rights through collective bargaining by union involvement and representations at national level.

Update labor standards by introducing the much awaited minimum wage policy and a flexible subsidized job programme /apprenticeships in technical /vocational sector where there is a shortage of skills together with a defined leadership programmes for graduates in tandem with employers training programme partly funded by employers and big corporations and entrepreneurs.

A skilled workforce will add value to an economic system towards high wage and high skilled economy which will be central in reducing poverty and it is only jobs that will bring prosperity to the nation and the government should not shy away from creating a strategy of investment for jobs.
Building a better, a fairer and more equal society is possible and should be an ultimate goal of a humane and civilized society.

Best wishesWatch movie online The Transporter Refueled (2015)

MIP

Prasram Lutchman
Prasram Lutchman
I am a health professional with many years of experience in senior management and business . I have great determination ,drive and motivation to achieve my goals in life and my pursuit of a career in politics in changing society for the good of all

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