The Ministry of Financial Services, Good Governance and Institutional Reforms is a newly created ministry, as financial services constitute a key sector of the economy, and have huge potential for growth. Its aim is to fight fraud, eradicate corruption, malpractices and irregularities in all aspects of public life to foster the development of Mauritius. It also has the responsibility of spearheading institutional reforms and reinstating good governance practices, which are fundamental principles at the core of the fight against irregularities.
Responsibilities
- To reorganise and reform the public sector to make it more productive, transparent, accountable and customer-friendly;
- The promotion of the development of wealth management and asset management, which will be the springboard to position Mauritius as a centre for private placement, trading of bonds and other financial instruments;
- To position Mauritius and the Stock Exchange of Mauritius as a financial hub for mitigating Africa-related risks.
Vision
Its vision is to transform Mauritius into a centre of excellence and promote wealth and good governance. The Ministry is driven by ethical behaviour, efficiency, honesty, trust, integrity and responsiveness in its quest for excellence within its operational and staff functions.
Mission
To provide guidance and support for the enforcement of good governance, promotion of financial services and reengineering of public sector bodies to eradicate fraud, corruption, malpractices and irregularities in all aspects of public life and restore the national values of the country.