The Budget sets out the roadmap to a high-income economy. Giving a fresh life to imports-substitution industries and boosting export activities in view to raise the productive capacity of the country. Infusing new competitive strengths, powered by innovation, skills development, modern infrastructure and new technology. Business investment is set to pick up pace and attract new players in new and existing industries in view to deliver larger employment opportunities for the youths. New avenues for developing skills for the youth and broaden their careers prospects. Technical training will be given greater consideration. A new impetus to entrepreneurship. A ground-breaking initiative to encourage working from home and creating new economic empowerment for women. Innovation and technology-driven activities such as Blockchain, Fintech and Artificial Intelligence are being encouraged. A Mauritius Artificial Intelligence Council is being set-up to create the right conditions for AI to take off in Mauritius. The financial services sector is being reinforced with new substance and transparency requirements for global business services. Global Business Companies Category 2 License will not be issued henceforth. The Budget provides a significant boost to reverse the trend of disindustrialisation. New incentives to encourage food production and processing for import-substitution and exportation. Very competitive rates of 3% for loans and 8-year tax holidays to entrepreneurs to develop agri-business projects