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Tuesday, May 30, 2023

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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.

Economy

Germany Enters Recession Phase After Being Hit By Inflation

Vaishali Shastri -
According to data, continuous inflation forced Germany to enter recession phase in the first three months of 2023. According to researchers, when Russia stopped supplying...
Economy

Transactions In Euro Declining Globally, Use Of US Dollars Rising: Bloomberg Report

Vaishali Shastri -
According to data from SWIFT cited by Bloomberg, a media company, this week, the use of the euro for international transactions dropped to its lowest...
Economy

India: Opposition Slams Government’s Decision To Scrap Rs 2000 Currency Notes

Vaishali Shastri -
India will stop issuing 2000-rupee note, presently the highest currency note in the country, according to its central bank, Reserve Bank Of India, on...
Economy

Budget 2023-2024: “Priority Is To Support The Purchasing Power Of Mauritians,” Says Padayachy

Staff -
The government has taken measures to support the purchasing power of the population, said the Minister of Finance, Renganaden Padayachy. He was answering a...
Economy

Statistics Mauritius: Global Inflation Falls From 11.1% In March To 10.9% In April

Staff -
The Year-On-Year inflation rate, which stood at 11.8% in January, declined to 8.3% in April 2023 from 11.0% in April 2022. This is according...
Economy

Mauritius Hosts The 13th African Tax Administration Forum Country Correspondent Conference

Staff -
Mauritius is hosting the 13th African Tax Administration Forum (ATAF) Country Correspondent Conference, an important platform for country respondents to discuss issues concerning tax...
Economy

France, China Agree On Building Stronger Economic Relations

Vaishali Shastri -
The Foreign Ministers of France and China met in Paris on Wednesday and gave their consent to “develop an economic relationship that is both...
Economy

Inflation Rises To 11.1% In March In Mauritius

Staff -
According to Statistics Mauritius latest monthly bulletin, the overall inflation rate for the twelve months ending March 2023 stood at 11.1%, compared to 6.0%...
Economy

Pre-Budget Consultations 2023-2024: Finance Minister Discusses With Representatives Of MCCI And MEZA

Staff -
Representatives of the Mauritius Chamber of Commerce and Industry (MCCI) made proposals to the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy,...
Banking

Bank Of Mauritius Governor Issues Severe Warning Against Currency Speculators

Staff -
The Governor of the Bank of Mauritius Harvesh Seegolam, met the press yesterday to shed light on the Mauritian rupee. He issued a stern...
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