Sjamsu Rahardja Announced as World Bank Group Resident Representative for Mauritius

Port Louis, Mauritius, July 1, 2024 - Starting today, Sjamsu Rahardja becomes the World Bank Group Resident Representative for Mauritius, a position that will unify country-level leadership across the institution to better support Mauritius' public and private sector priorities. This newly created position provides a single point of contact for access to the full breadth of World Bank Group products and services and will enhance the institutions' ability to address global challenges and drive development with speed, efficiency, and impact.

"Mauritius is well-positioned to sustain its development momentum, with ongoing initiatives to address labor and skills shortages, improve competitiveness, and strengthen macroeconomic stability," said Sjamsu Rahardja, World Bank Group Resident Representative for Mauritius. "Unified Bank Group leadership will improve our speed and make us a better partner to the government, the private sector, and ultimately the people we serve."

The World Bank Group is supporting Mauritius to become a high-income country through investments in renewable energy, sustainable tourism, education, and healthcare that create jobs and enhance resilience to shocks. The World Bank Group also provides technical assistance on tourism development, renewable energy, insolvency, secured transactions, business reform, and enhancing the Bank of Mauritius's supervisory capacity.

In his previous role, Sjamsu Rahardja, an Indonesian national, was Senior Country Economist and Resident Representative for the World Bank in Mauritius and Seychelles. He has been with the World Bank for 19 years and has worked in international trade, economic growth analytics, and other sectors, including as Senior Country Economist for Kazakhstan, where he led a development policy financing program and contributed to the first round of the Bank's Climate Change Development Report.

The introduction of joint country representation is an important step towards building a stronger World Bank Group. Mauritius is one of 21 World Bank Group offices globally, transitioning to a single World Bank Group Country Manager or Resident Representative for the International Bank for Reconstruction and Development (IBRD), International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA).

About the World Bank Group:

The World Bank Group has a bold vision: to create a world free of poverty on a livable planet. In more than 100 countries, the World Bank Group provides financing, advice, and innovative solutions that improve lives by creating jobs, strengthening economic growth, and confronting the most urgent global development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries. It consists of the World Bank, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA); the International Finance Corporation (IFC); the Multilateral Investment Guarantee Agency (MIGA); and the International Centre for Settlement of Investment Disputes (ICSID). For more information, please visit www.worldbank.org, www.miga.org, and www.ifc.org.

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For more information on World Bank programs in Mauritius, visit: https://www.worldbank.org/en/country/mauritius

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