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Monday, March 3, 2025

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Economy

Russia Defaults On Debt For The First Time Since The Bolshevik Revolution

Russia has defaulted on its foreign-currency sovereign debt for the first time since 1918 due to Western sanctions that have shut down payment modes...

Fuel Sales Suspended For Two Weeks In Sri Lanka As Economic Crisis Deepens

Reeling under its worst economic crisis, Sri Lanka on Monday halted sale of fuel except for essential services. As it has run out of...

Summing Up The Appropriation Bill 2022-2023: Dr Padayachy And His Strategies To Restore Purchasing Power

The Minister of Finance illustrated this summing up of the 2022-2023 Budget around the themes of development, efficiency, and solidarity. However, he recalled that...

IMF Says Mauritius Is Slowly Recovering From The Pandemic

The International Monetary Fund (IMF) has submitted its report after consultations with the Mauritian authorities in 2022. The report states that Mauritius is slowly...

Budget 2022-2023 : Speeding Up The Economic Recovery

The 2022-2023 Budget sets out the course for post-COVID economic development. It seeks to deliver on the following objectives: Put the economy on a...

Sharpest Rise In US Interest Rates In Almost 30 Years

Federal Reserve raises benchmark interest rate 0.75% as it tries to calm inflation, the sharpest hike since 1994, as it seeks to combat the...

Budget 2022/2023 – Food Waste: Still Good For Consumption Past “Best Before Date”

The Best Before does not announce the Expiry Date! A law that aims to reduce food waste, increase donation, and boost consumer purchasing power....

“A Social Budget” – Says Business Mauritius

On Tuesday, the Association representing the private sector, held a press conference at the Caudan Arts Centre just after the presentation of the Budget...

Question And Answer Session On Budget 2022-23 – Renganaden Padayachy : Boost The Economy

Government’s philosophy is to give a boost to the economy, provide assistance to all sectors of activity while accelerating the country’s transition to a...

PwC’s Budget Brief

Following the National Budget 2022 - 2023 speech of the Minister of Finance, Economic Planning and Development, Dr The Honourable Renganaden Padayachy, PwC Mauritius has...
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