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CATEGORY

Business & Finance

Read the latest news from the world of business and finance over here. We bring to you the latest happenings from economy, business, banking and much more.

Economy

Decline In Our Gross Official International Reserves

Staff -
Gross Official International Reserves: End-April, 2022 the Gross Official International Reserves (GOIR) of the country decreased by Rs47.3 billion, from Rs361.7 billion (equivalent to...
Economy

Renganaden Padayachy Very Attentive To The Proposals Of His Fellow Ministers

Staff -
Pre-budget consultations continued over the past week. Finance and Economic Development Minister Renganaden Padayachy listened to his fellow government ministers. Financial Services and Good Governance...
Business & Finance

CRAF: Credit Rating The African Continent

Javed Sobah -
This credit rating organism is venturing on the African Market. The Indian agency is turning Mauritius into the hub to the African Market, even...
Economy

Budget 2022-2023: Policy Dialogue Meeting Of Finance Minister

Staff -
A Policy Dialogue meeting in view of the preparation of the 2022-2023 Budget was held, on Thursday afternoon. The Minister of Finance, Economic Planning...
Business & Finance

LIC IPO: On Day 1, Overall Subscription At 67%

Staff -
Life Insurance Corporation's (LIC) public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though...
Economy

Rodrigues: Chief Commissioner Johnson Roussety Proposes A Budget Of Rs 4 Billion 790 Million To The Central Government

Staff -
The overall budget of the Rodrigues Regional Assembly for the fiscal year 2022-2023 is estimated at Rs 4 billion 790 million, compared to the...
Business & Finance

IMF Says Governments Must Protect The Vulnerable

Staff -
IMF’s Fiscal Affairs Director, Vitor Gaspar stated during an interview on Wednesday to Reuters that “Governments must target fiscal support to vulnerable populations hit...
Business & Finance

Intervention Of BOM Governor Harvesh Seegolam During Discussion On ‘Central Bank Digital Currencies And Financial Inclusion’

Staff -
Harvesh Seegolam, the Governor of Bank of Mauritius, spoke yesterday during an IMF discussion on ‘Central Bank Digital Currencies And Financial Inclusion’. The governor...
Business & Finance

IMF Spring Meetings 2022: New Economy Forum: CBDC And Financial Inclusion

Staff -
The IMF Spring Meetings 2022 with a session on CBDC (Central Bank Digital Currencies And Financial Inclusion) and Financial Inclusion was held virtually on...
Banking

Single Largest Intervention By The BOM On The Domestic Foreign Exchange Market

Staff -
The Bank of Mauritius has, this Wednesday, intervened on the domestic foreign exchange market for an amount of USD 200 million, equivalent to Rs...
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