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Monday, April 29, 2024

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Bank of Mauritius

Mark Florman Succeeds Lord Meghnad Desai As CEO Of MIC

Increasingly under pressure from the International Monetary Fund who calls upon the Bank of Mauritius to pull back funds and relinquish its ownership, 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...

Contribution, Not Loan from BOM To Mauritian State: Minister Padayachy

The contribution of Rs 60 billion of the Bank of Mauritius (BOM) to the Consolidated Fund was at the center of the Private Notice...

Bank Of Mauritius Calls 28 Billion MUR Not A Loan To Government

The Bank of Mauritius specifies that the balance of "Rs 28 billion" is not a "loan" and will not impact the public debt. The press...

Public Debt: A Major Cause For Concern

The last Article IV Mission of the International Monetary Fund (IMF) to Mauritius has highlighted the need for fiscal consolidation to stabilize public debt...
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