PORT LOUIS, Nov 22 – Following his landslide victory in the recent elections, Mauritius Prime Minister Navin Ramgoolam announced that he will also serve as finance minister to keep a close eye on the country’s economy.
Speaking in Port Louis, Ramgoolam, who was sworn in this month after leading his Alliance du Changement (ADC) coalition to secure 60 of the 62 seats in the National Assembly, said he would oversee an economic audit. “We are conducting a review of the economy to determine the extent of the damage caused by the outgoing government,” he told reporters.
This marks Ramgoolam’s return to the prime minister’s office after a 10-year absence. He previously served as prime minister from 1995 to 2000 and again from 2005 to 2014.
During his previous time in office, Ramgoolam launched initiatives aimed at reducing bureaucracy and simplifying taxes to help diversify Mauritius’ economy beyond its reliance on tourism, textiles, and sugar exports. Under his leadership, the island nation, with a population of about 1.3 million, has grown into a significant offshore financial center and has been ranked as the easiest place to do business in Africa by the World Bank.
