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Friday, May 17, 2024

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Economy

How Much The Government Collects On Petrol Products ?

The State Trading Corporation issued a statement on Wednesday after the Petroleum Pricing Committee meeting.  The new prices include Rs 2 announced for the...

IMF: The Mauritian Rupee is overvalued by 30-40%

Is the downward trend of the local currency that has been observed since the first lockdown likely to continue? According to Paragraph 36 of...

Devaluation Of The Rupee: An Inevitable Increase In The Cost Of Living

A depreciation of 3.5% of the Mauritian Rupee by the Bank of Mauritius that will cost dear to every consumer on Mauritius Island. This...

Appropriation (2021-2022) Bill Voted In National Assembly

The Appropriation (2021-2022) Bill 2021 (No. X of 2021), that is Budget 2021-2022 presented on 11th June by the Minister of Finance, Economic Planning and Development, Dr...

Padayachy And Duval Clash Over Additional Budget Of Rs 23.6 Billion

The Minister of Finance launched the debates on the Supplementary Appropriation (2020-2021) Bill, which is an additional budget of Rs 23.6 billion, which the...

Rupee Loses Value Against The US Dollar

The rupee is losing more and more value against foreign currencies, especially the US dollar. Our local currency is not doing well in the...

IMF Urges Caution On Budget And Current Account Deficits

The International Monetary Fund Executive Directors agreed with the thrust of the staff appraisal completed earlier in May. Although they congratulate Mauritius on its...

Air Mauritius: Several Employees Pushed To The Edge

Several ex-employees of Air Mauritius who have been asked to retire prematurely since last year are wondering whether their lumpsum and pension will be...

Post-confinement: Mauritians Make Ends Meet!

After the second wave of Covid-19, many Mauritians rolled up their sleeves to launch their 'ti business' at the roadside. If there is one thing...

IMF: Authorities Must Take Advantage of Recovery

The International Monetary Fund Executive Directors agreed with the thrust of the staff appraisal completed earlier in May. Although they congratulate Mauritius on its...
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