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Thursday, September 29, 2022

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Economy

Bank Of Mauritius Raises The Key Repo Rate By 75 Basis Points To 3% Per Annum

The Monetary Policy Committee (MPC) of the Bank of Mauritius (Bank) unanimously decided to raise the Key Repo Rate (KRR) by 75 basis points...

CECPA To Help Broaden Our Economic Horizons, States PM Jugnauth

The Comprehensive Economic Cooperation and Partnership Agreement (CECPA) forum, being held in context of the commemoration of the 75th anniversary of the establishment of...

China Insists On Broader Digital Yuan Use: Xinhua

Chinese news agency Xinhua reported on Friday that People’s Bank of China (PBOC) has called for efforts to facilitate interconnectivity between the digital yuan...

Inflation Rate Increased To 11.50 % In August

According to the latest report of Statistics Mauritius, inflation rate has increased to 11.50 % in August from 11 % in July 2022. On a...

India Moves Ahead Of UK To Become World’s 5th Biggest Economy

India has moved ahead of the Britain to become the world’s fifth largest economy, as per a Bloomberg report. The United Kingdom (UK) slipped...

Zambia Wins IMF Board Approval For $1.3 Billion Loan Programme

Zambia got an International Monetary Fund approval for a $1.3 billion, 38-month loan program on Wednesday. This is a crucial step in the southern...

IMF Board Grants $1.1 Billion To Pakistan As Bailout Funds

The International Monetary Fund (IMF) board approved the seventh and eighth reviews of Pakistan's bailout programme, allowing for a release of over $1.1 billion...

Tourism: Motivating Stats!

376,556 tourist arrivals in 2022 as compared to 3,225 during the same period in 2021. The figures revealed by Statistics Mauritius on Monday 29...

Inflation Worked Out To 11.0% In July 2022, Compared To 6.5% In July 2021

Statistics Mauritius has released its report on inflation and the consumer price index. The document shows that inflation was 11% in July 2022 compared...

Parliament: Finance (Miscellaneous Provisions) Bill Passed, Next Session To Be Held On October 8, 2022

The Finance (Miscellaneous Provisions) Bill introduced in the second reading in the National Assembly by Finance Minister Renganaden Padayachy was passed on Friday. The...
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