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Thursday, September 29, 2022

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CATEGORY

Economy

Get to know about the latest news and events as it happens from the world of economy from Mauritus and all over the world.

Banking

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

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

CECPA To Help Broaden Our Economic Horizons, States PM Jugnauth

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

China Insists On Broader Digital Yuan Use: Xinhua

Rohan Ramesh -
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...
Economy

Inflation Rate Increased To 11.50 % In August

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

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

Rohan Ramesh -
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...
World

Zambia Wins IMF Board Approval For $1.3 Billion Loan Programme

Rohan Ramesh -
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...
World

IMF Board Grants $1.1 Billion To Pakistan As Bailout Funds

Rohan Ramesh -
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

Tourism: Motivating Stats!

Staff -
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...
Economy

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

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

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

Javed Sobah -
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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